Think traveling nurses—they often need a place for 1-3 months and need fully furnished spaces.

If the property comes furnished with appliances, definitely highlight that—turnkey properties are highly attractive to investors. 

I'm not too familiar with University Park, but in order to determine if it would make a good Airbnb, you'll want to research other similar properties (how they're priced / how often they're booked) in that area on platforms like Airbnb, VRBO, and Furnished Finder (if you're considering doing 30+ day stays, ie, an 'MTR' as well.) 

I have a great property in PHX that we have listed for sale, but I would be interested in running an RAL out of my house (already furnished, 5 bed 3 bath, single story ranch style home with two master bedrooms and a pool). 

Other, lesser returns would be furnished finders, or just a straight 6 month lease with a tenant. 

As long as you are prepared to spend $10-20 per square foot to furnish (depending on how high end you want to go), then a $500 dumpster rental and a Facebook marketplace listing solve your problem.

A MTR will give you the flexibility to keep the unit furnished, get a higher monthly rent rate, and avoid HOT. 

You do have to furnish the homes and stay there "some" of the year, but after the 1st year you could convert into long term rental or SRO (Single Room Occupancy or PadSplit model). 

When accounting for location, the hosts that have a unique property with great reviews, service and pricing will have much much better occupancy than the hosts that think they can throw some bland furnishings into any old property and be successful. 

We added a door that we deadbolt to separate our side from the airbnb side, and I had to have some electric outlets and an overhead light to the airbnb side, but other than that everything was updated already and we just had to furnish the property which was really nice and made the process pretty easy.