We work with a lot of midterm rental investors as clients and as consulting clients in Denver and Colorado Springs, and I think there are a few things to consider: do you want to pay for furniture?

STR's have mortgage, prop mgmt, ins, vacancies, repairs, water, electric, wifi, licensing, furniture, toiletries, snacks, cleaning fees, hotel tax, sales tax, etc.

Therefore, if you have a reliable handyman that can lay tile, flooring, minor plumbing items such as replacing faucets, build furniture to set up a property, please let me know!

With the optimal setup (arcade, theme rooms, great pool area over golf course, new/fresh furniture), Reunion can do very well. 

A local agent or friend could definitely help run to the store for supplies or even replace broken furniture. 

It covers so many cheap furniture pieces it is hard to imagine a quality microfiber.

Thought about doing a STR on something like this but that would be a lot of upfront costs ex. furniture and decorating, plus more time dedicated to managing it and I am not sure if it would generate substantially more income than renting it out long term.

We are nervous that we won't get it rented out, but worse case we can take out the furniture and look for long term tenants. 

I don't mean garbage that all fits into individual garbage bins, I am talking about large packaging cartons, furniture, or other things that require a pickup.

Executive Stay Hotel Housing Equivalent (ballpark $70-150/night), long apartment would rent for about 50% or less of STR fees (however the fees also pay for utilities, basic consumables, and furniture deterioration).