The bad part about furniture is the possibility of it getting stained and ruined so buy cheap and be careful of your selection on color and material.Hope this helps.Jared

Your typical home buyer doesn't care about the cap rate or potential income from using the property as an STR or even an LTR, they care about the character of the neighborhood, the quality of the local schools, the commute to their job or proximity to family, the finishes, the floor-plan, updated kitchens and baths, the paint color, the yard, etc. 

Not all markets are the same color.  

Install vinyl wood plank flooring (not sure on color yet), instal recessed lighting and a few other odds and ends.

First look ROI seems good, but not sure about appreciation and turnover costs over the long run.Economy in Ohio seems to be about as good as anywhere though....good things seem to be happening in Cleveland, Dayton, Columbus....maybe other locations too.  The

A lot of people get this wrong, or at least look at this trough rose colored glasses.Take your market, start at the top with A and devide it in 4 segments.In Milwaukee an A class newer single family 500-700k (because we are generously exclusing the luxury segement).

I've done this as well, so I can provide a bit more color on everyone's advice to farm info from Crexi, etc.

I think the ideal unit is a 3/2 as that meets the needs of the largest group but anything else has a demand too. The

Are they the same color top and bottom?

Folks are doing it, but it will require lots of patience and a fine tooth comb.