Supply and demand....

I would also supply the paint that way you have control over the type of paint and the colour (you can give them a few pre-selected options for colour).

It's simple supply and demand, the supply is the same, a 2 bedroom condo is a 2 bedroom condo but the demand is different since not everyone can get financing on a non FHA approved association.

Home affordability in your area should definitely be something to consider, however, also evaluate if there is enough supply compared to the demand—and if the area is desirable. 

Good rentals are in short supply.

We know we’ll need to furnish it as well as supply cable and internet, and that we’ll have to find a service to “flip” it between a guests.

Extremely loose lending guidelines, 2. the money supply that was in the market at the time, and 3. over construction of new housing.

The short answer is whether you capitalize or expense the items. it goes onto the schedule E, either for repairs, or supplies.

Personally, I think KC is a much stronger cash flow market than most of the Midwest markets, especially St Louise.

Setup expenses includes furniture, appliances, cookware, repair services, and some supplies such as soaps, toilet paper, tissue paper, etc.