Additional fees may apply depending on the number of days the property is rented.Personal Property Tax: Starting in 2024, California requires some STR owners to report the value of personal property used in the rental (such as furnishings) for taxation purposes.Potential 15% Statewide STR Tax: A new bill (SB 584) may introduce an additional 15% state tax on STRs starting in 2025, on top of local TOT, aimed at addressing California’s housing affordability crisis​(

We just got an off-season MTR request on furnished finder for a medical company that places medical providers in rural areas (which is our listing). 

Accept furnishing and management costs.4) OtherWould greatly appreciate the community's wisdom on this.

If you don't want to have roommates it's getting tough, for most of my investors who are looking for heavier cash flows I've been recommending doing furnished rentals (short or mid term), looking at higher cash flow commercial deals like NNN or other cash flow focused syndications/funds, or investing in a debt position if cash flow is the biggest goal. 

After expenses and utilities you net $1,000 profit but it cost you $15,000 to furnish the house and you only have a 1 or 2 year lease. 

What will it cost to furnish the unit and keep it stocked with consumables?

There are homes that have a architectural style where they just resemble a traditional log cabin, but are actually wood frame or something else with a foe-wood on the exterior.

STR market is dieing unless you can play in the 750-1.4M$ price point then there is opportunity, most are going MTR or LTR, we manage a vast amount of properties and see clients switching from furnished to long term unfurnished, lots of data around this...

Hi Anya, I don't have a property in Mesa but would recommend checking out/posting on Furnished Finder, VRBO and Airbnb (30 + day stays), and Facebook groups to determine pricing and try and find MTR tenants.

When you travel, you can then rent out your unit as a furnished rental.