I think also folks that do the STR have to realize the 35 to 50k spent furnishing the home is what many times makes these negative cash flow and of course over a 10 year run the furniture most likely will need replacing upgrading to keep relevant..

He ended up at the UPS store (where all our mail goes) and they had to call the police.

No formula can be accurate across the board because even “cookie cutter” properties next store to each other differ as to view, location to the street, topography of the land, lot size, physical condition of the property, past remodeling, quality of the mechanical systems, sunlight, utility bills, past use, etc.  

. $24k cash that the buyer(s) did not have to come up with to close and could be utilized towards the upgrades, furniture and furnishings or mortgage payments until their rental gets up and running. 

We just furnished a 2/1; it was about $11k for pretty average furniture and full supply list needed to equip and furnish a new property.

Getting about $4000 and $2500 now as a consultant in a furniture company.

STR you will spend more on design and furniture than MTR.

Despite concerns over store closures, demand for retail space surged in the second quarter of 2024.

She thinks it’s ok to stay for free and she deserves free housing, non paying her dues or any thing just because she does not have a job (on purpose) and does not have money ( has all money for fancy furniture and gadgets)But anyways she has not paid her move in deposit ( paid partial) and has not carried renters insurance.

If you don’t need all the cash immediately, you could store the unused portion in a high-yield savings account or line of credit for future investments.HELOC Option: Another alternative is to consider a Home Equity Line of Credit (HELOC) on your paid-off rental.