It is a huge 1/1 with 2 private outdoor spaces near safe public transit/depaul university.

I'm family focused and an outdoor enthusiast who loves hiking/backpacking, playing golf in my (very little) free time. 

Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100. 

I bought most of mine from Facebook Marketplace and a local shop that both refinish mid-century furniture with chalk paint. 

But, of course, nicer bathrooms are required in higher rent properties.Options like humidity sensors on fans, and timers for outdoor lights are nice features.

You'll have to pay tax on the remaining FFE (furniture fixtures and equipment) and good will.

Keep in mind you could have additional cost for new furniture and fresh paint (cost us just over 15k) for 1800 sqft.

Furthermore, now even lavishly furnished apartments, thanks to Newsom, will be limited to being secured only with a SINGLE month of security deposit in CA which CANNOT be applied to 'normal wear and tear' of furniture either, so if the tenant in a furnished apartment never pays their last month of rent but wears and tears down all the furnishings, it seems landlord would still have to give back the 'security' deposit on move-out, not being able to apply the 'security' deposit to last month of rent in arrears NOR the worn and torn furnishings?!

Seems like a pool would be important, Are you able to find a house with a pool already installed and then make improvements to the pool and be able to add a kid's playroom or outdoor entertainment area?

Also, don't shy away from commercial/office furniture.