Nothing herein is legal advice.Effective July 1, 2024, California Civil Code section 1950.5 generally prohibits a landlord from collecting more than one month’s rent as security deposit, whether the rental is furnished or not.

There is the obvious expense of furnishing the rental.

Then they heard about MTR furnished, STR, out of state and got a partner. 

., this is also similar to co-working locations where the operator signs a master lease with the building owner and then rents out cubicles to individual customers.It takes a considerable amount of effort and money to adequately furnish a house to make it a decent STR. 

The entire house is furnished with all utilities included.

Indianapolis hosts a lot of events so people travel into town for all sorts of conventions.MTR market is also strong as we have a lot of hospitals downtown as well as traveling professionals who need furnished housing. 

We updated the unit cosmetically through paint and furnishings, as well as consolidated the kitchen and added more living room space.

The entire house is furnished with all utilities included.

Looking to do mid term rental in the unit that is left furnished while they are not there and Section 8 in the other units ideally.Just trying to get my reps in with deal calculations.

We intend to list on Furnished Finder and use Avail.co to manage.