They were very nice people but they ended up not applying because the house wouldn't accomodate all of their furniture and the aquarium.

Calculator Link to Download (if this link stops works, please message me or comment for updated link)The main gist is that coliving SFR rentals are two matters: 1) Special Items for Coliving: Coded Entry For Front Door (my properties use Schalge), keyed doorknobs for bedrooms, furnishing common areas (kitchen table, couch, kitchen items, kitchen table, living room TV, patio furniture, lawn mower, etc), 2nd & Maybe 3rd Fridge. 2) Reserves For Repairs / Cap-Ex / Vacancy: This follows the same reserve rules that BiggerPockets, Keller (see book "Hold"), and others teach: 8% for repairs, 8% for cap ex, & _% for vacancy. 

All rooms (except the 3 "kids" bedrooms) RE the "small" furniture....

At least most dont. ...You can get a dwelling policy endorsement called "drain and sewer backup" to get coverage, but that sort of insurance does not cover the repair of the pipes; that insurance covers damages to things like furniture.  

The latter typically have a compromised upper and no full size stair case to bring furniture upstairs.

Plus, you don't want a tenant moving a big piece of furniture like this.

With mid-term rentals you do need to furnish the property and include utilities in the rent, so it will be some out of pocket costs for that, but I am living here for a year or two and need furniture anyway.

I don't do pets,, but have had worked for properties that do and it's always a mess, more laws that protect the animals. now landlords have to pay to kennel the pets for 30 days just like storing furniture.. so figure the cost of the eviction, and what it costs to kennel a pet at a boarding faculty, and then see how much of  a deposit makes sense if you let people have pets.. not to mention the clean up 

We typically stage everything in Connecticut with real furniture but it makes it much more difficult to coordinate everything that we rehab virtually.   

From my research, many of the "used" cabins may need a few updates and furniture but we weren't opposed to purchasing an existing cabin.