I run near 100% occupancy and actually have guests asking to be on a waiting list if another guest cancels.Part of this is that I've done split testing on everything from shampoos and towels, to paint colors on rooms, not to m mention the ad copy on the listing.  

I also personally pay for toilette paper, laundry detergent, paper towels, dish soap, etc.

Or does furnished also mean all kitchen utensils, towels, TV?

It definitely takes some times on the front end--getting the right cleaner, loading up on supplies and having a steady supply of them (you will go through lots of towels), etc.

I don't maintain any illusion that the important factors begin and end with the Census data and the BLS data and the price trend.But I am totally inexperienced with RE investing, and I have no idea how to consider and weight the influence of the "soft" factors.

In a soft market they decided to rent it instead of selling.  

@Jordan FreemanI don't like about condos are a HOAsthey get in my way doing so seller financing , and doing Rent To OwnThey can be really a pain in the *** regarding individual decoration outside your unit, as in having a grill or barbecue on your patio or balcony, don't hang towels out there!

We compile the data through soft inquiries from all 3 credit bureaus.

New fixtures, faucets, dishwasher, heater, ... and the added benefit of soft drinkable water.

- Predevelopment cost: 750K- Total soft costs: 4mn- Developer Fee: 1.35mn or 3% of the total Development cost- Loan Fee: 220K- Title and Closing: 250KOn the operating side, is Property Management Fee being 3% of EGI reasonable?