Outdoor furniture lasted one year, even expensive aluminum and rattan.

You'll always probably have people who run furniture into a wall while moving, or drop a dutch oven on your tile floor, or wash the dog in your tub and clog the drain. 

Since it's so much turn around, usually you can get some newer furniture, although some are from the 70s and those needed to be switched out. 

We are also taking advantage of the outdoor space with a slider out to the backyard where the tenants can have some outdoor furniture as well.  

Stained upholstery, water rings on tables, and otherwise damaged furniture needs to be addressed or you will miss out on the best quality prospects.

Personal property not included (no furniture/hot tub/ toys)Rental survey the 1007 is long term compsYour lender should have gone over this before you paid for the appraisal. 

Are you including furniture and fixtures, equipment and other personal property?

The community used to have a pool, but that proved too hard to maintain, and always ended up with patio furniture and trash in the water, so the HOA voted to rip out the pool and just sod the land. 

You are seeking partners to cover down payment and start up costs (furniture, etc). 

I am going to list a few details for both from a real estate agent that I trust and she will be my property manager. she has been in the  short term rental market for over 8 years and recommended by friends. 1) Short term rental income (1478$/month)Furniture investment 6k$90$/night The average occupancy rate is 80% but could go as high as 98%.the management fee is 20% of the incomeUtilities and wifi fees are 250$Income = 90 $/night x30 nights x 0.8 (occupancy rate) x 0.8 (management fees) – 250$ (utilities and wifi)Income = 1478$/month 2.