I purchased a 1 BR 900sqft condo in 2021 with a depreciable tax basis of ~$275k and spent most of 2021 and first half of 2022 renovating the property (new appliances, flooring, painting, furniture, bathroom renovation, new kitchen countertops, new electric heaters, insulation, fireplace/pellet stove).

The company envisions expanding its asset tracking system to include furniture in rented properties introducing a phase of responsibility and transparency.

This is dependent if I chose to cover the A/C unit in my Home Warranty package.If I had a fire in my home in which a room burned down and my personal property such as TV's, furniture, etc was consumed in the fire, then I would call the Home Insurance company to fix/repair the burned-down room and also to replace my TV and furniture.

Most properties have a smaller spread between STR and LTR and when you factor in utilities and other costs and then the cost of furniture I do not see people making money in first 1-2 years at all. 

I spent $37,000 on furniture and household good (high end condo), and received $8,000 when I sold the furnishing after 6 years.

Multiple sets of sheets, multiple sets of bath towels, at least (4) pillows per bed, kitchenware, accessories, rugs, artwork and outdoor furniture.

From experience as an owner and a student, I think most would want to bring their own furniture themselves with the exception of appliances like fridge/freezer and washer/drier. 

Trying to identify if better to list as Turnkey STR or empty it out (i have no use for the furniture and appliances). 

There are exceptions, but generally speaking, you will spend a lot of time to gain no equity and likely end up break even with a bunch of used furniture in an optimistic scenario in my honest opinion.

For example, a $1000 fine for using the elevator to move furniture would be completely unreasonable in a unit where prices are $150,000.