If we do this and make it as a short term rental, can things be written off such as Interest Rate, Points, Repair and replacement of appliances in the property, fixtures, furniture, utility bills, HOA, (coffee etc for guests?)

had the floors cleaned, painted the walls and cabinets, replaced appliances with new stainless steel.

I guess you won't do any roof, hvac, appliances, hot water heater, etc. 15k to get an additional 30k of equity seems high.

Still have to account for roof, appliances, hot water heater, hvac, etc. 

@Nik Moushon regardless of what and where appliances he has in his home, isn't he allowed to rent out rooms of his house freely on his own accord?

We did learn to ALWAYS start with permits and to trust local boots on ground to select appliances for these types of homes.

My tenants stay 4-12 (so far) years and only reach out when an appliance breaks. 

Still have to save for roof, hvac, appliances, hot water heater, remodel, etc.

Cosmetic updates of paint, new appliances,/vanity.

Cosmetic updates of paint, new appliances,/vanity.