Not some basic furniture with a couple of sets of silverware thrown in.

You may also want to consider the type of tenant you are targeting. 

We also have a weekly newsletter for STRs here called BiggerStays that you can sign up for free in your profile settings! 

Are you qualified to do so right now - have the contracts, inspection criteria set, screening, payment collection in place? 

Once you set up the tenants in the system it works great.

Quality furnishings, attention to detail, and seamless operations helped set the property apart, maximizing its earning potential.

I work in group home settings for a living and at my previous facility there were two clients per bedroom which would give you potentially 8 in your house while at my current job there is one client per bedroom which would only be 4 clients in your home.

My issue with your specific post is that it sets up a strawman and takes a personal shot at other posters.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this.