The cost is C H E A P like $125/yr and as it's their property, setting a minimum coverage is foolish IMO.2014, my upstairs tenant started a fire in a stuffed chair causing $95k damages to the property and about 75% loss of their personal property. 

We go so far as bring a card table and folding chairs to the open house.  

This might look like both parties entering into a transaction jointly on day one, setting the equity participation based on that initial funding and splitting all future expenses and income on that same basis.However, the overarching principle here, and what is subject to the IRS looking at the facts and circumstances of a particular case, is that there may be no direct or indirect benefit between a plan and a disqualified party in either direction. 

I learned the way professional real estate firms operate, and when I left, had the knowledge to put together a real estate syndicate that made hundreds of thousands of dollars for my partners and me.Currently, I am a principal in a real estate hedge fund and a principal and director in another that is on the verge of launching a crowdfunding platform that will turbocharge the ability of its member owners to raise funds with the new 506(c) rules.I share this with you not to impress you but to impress upon you the value of a college degree from a good school.  

Running the airbnb through a company means you have to pay the company director a wage of at least 600 per month and an accountant 200 per month, plus a few other bills.

I also provide curtain rods to avoid the idea of a tenant standing on a wobbly chair NAILING a curtain to the wall of a window.  

My credentials: I've been with this company for a year and a half: i'm the marketing director and research our markets to create feasibility reports

No. 90-012] (6) Dwelling units which are certified by the Director of the Department of Community Development or his designee as part of the City's neighborhood preservation or rehabilitation program within the City's innovative grant program or as being in accordance with an agreement, determined by the Director or his designee to have been voluntarily arrived at, between the landlord or his duly authorized representative and a tenant or tenants occupying premises of the landlord, which agreement shall be certified by the Director of the Department of Community Development or his designee to be in accordance with the interests directed to be served by the governing body in § 381-1E of this chapter

Another option is to cut your beadboard at chair rail height (it will take a bit more material) and hide the seam with a piece of moulding to create the chair rail. 

I was also talking to one investor on another post and he says he rents the furniture to the students per semester. ( desk, dresser, rolling chair, bookcase, a/c) he charges $35/1 - 35+25/2 - 35+25+15 / 3 -  35+25+15+10/ 4 and $60 for the a/c unit. for additional income