We are looking here for long term equity growth and eventually will build another unit, with separate driveway, as a furnished mid-term rental.

It appears that a significant portion of the business's value lies in its name, website, marketing, furnishings and other intangible assets.

.- Total start up costs (Down payment + closing costs, furnishing, getting started on Airbnb etc...) = 200k USD- Family member wants to put in 50k USD of the start up costs, but doesn't want to be on the hook for the mortgage. 

My first furnished finder guests want to break their lease 2 months before it ends.

These are properties you can rehab and furnish yourself, with the potential to refinance and pull out some or all of your initial investment. 

I also have a degree in Business Administration with a major in marketing and minor in management.Hoping to start in furnished rentals in the Fort Lee area of VA for military students. 

With the proceeds from the sale I bought a SFH which I renovated and furnished before renting out.

I bought tons of furniture (the intent was a furnished home) and put up ads.

The cost to furnish and get a place market ready is stressful, exhausting, and expensive.

@John Hidalgo We have a different area with huge summer rental potential so every rental is furnished and usually goes short term in the summer.