They have mentioned that they'd like to make it a rental so that it can generate money while they are not staying there the majority of the time and l've suggested turning it into a furnished mid-term rental and to target traveling nurses or companies that provide extended stays to families whose homes are under construction.One thing I don't have much experience in is structuring partner deals.

Hi Perrin, Look on the bright side, since there is no land value, most all the improvements and even furnishings are in that $400K that you purchased.

I wouldn't personally build in those districts to have a rental that requires 30+ day stays, numbers probably won't make sense.There are people who do the furnished long term rentals (executive rentals) to traveling nurses and a lot of traveling executives in the film industry that has become big in Savannah, and do well.

These properties are already furnished and we can come in with a lower offer to have instant equity at closing. 

We are selling it furnished with most of the inventory. the plan is to attract investors looking for this type of investment.

List on Airbnb, Furnished Finder, and Zillow.

Furnishings, paint, etc. 41,000. 

You can check out Furnished Finders if you've never heard of it.

Another thought is STR, though that will take another ~$15-20K in furnishing (and I don’t know Cheektowaga’s STR laws) or Airbnb arbitrage.

Last year I rented it furnished with utilities included for 4350/mo.