It is almost funded which sounds like will go towards furniture and equipment and the investors will purchase the building?  

By the way, my plan is to buy one house within the next year to rent out for passive income.Bahama Bay, Davenport 2/2 Ground Floor Condo $89,0001374ft2Comes with Furniture, Washer & Dryerhttp://orlando.craigslist.org/reb/5770886817.html2/2 Condo $750001374ft2No furniture, washer or dryerhttp://orlando.craigslist.org/reb/5770814715.htmlLeesburg, FL 4/2 Duplex $18,5001516ft2Massive Fixer UpperCould rent each Duplex Potential: $1800 - 2000http://orlando.craigslist.org/reb/5757700325.html2/2 Small House $30,000720ftHas a big yard supposedlyhttp://orlando.craigslist.org/reo/5770345342.htmlUCF 3/2 $57,9001344ftNo picturesCould rent each room to college students Potential: $1800+/month $600 or more each roomhttp://orlando.craigslist.org/reo/5770463111.htmlHUD Homes 3/2 Home $76,0001450 ftHuge lot alsohttp://www.hudhomestore.com/Listing/PropertyDetails.aspx?

Don't buy cars, furniture etc and after both deals close, start looking for a HUD.  

My definition of a bad area of Baltimore City is one where a vacant, unsecured house full of furniture would NOT be undisturbed for a year and a half. 

Sorry I'm new to BP but I work as maitanence for a apartment complex if you get the keys from her and she moves all of her stuff out your fine if she leave furniture you have to go through the process I've done many evictions in the Southside of ga

Unless your buying in bulk. I

For example sometimes, I encounter corporate renters that need an all-inclusive (utilities, furniture, etc.) set-up.

Thrift store qualify furniture, dark photos, etc. 

The wife, my tenant, left in a semi with the kids and all the furniture to another state. 

A Tv, garbage, boxes of stuff, no furniture, some tools, etc.