Here are the details of the 2nd STR deal I'm analyzing: Purchase Price: $475k Loan: 10% down @ 4.125% Total investment (downpayment, closing costs, rehab, furnishings, etc): $150k Annual Expected Cashflow: $40k Partner Equity/Cash Flow Split: 70% for me & 30% for investor (50/50 split on cash flow until investors investment is paid back in full) My investor will be bringing $65k to the deal which will cover downpayment + closing costs ($60k) and $5k additional for rehab expenses and I will be responsible for $90k (as well as setting up the property, and running the STR operations). 

Some areas like ours rent furnished in winter to students and in summer to beach goers.

Hi Klesta,As a real estate team in South Florida, we're seeing good returns on furnished mid-term rentals, whether it's single family/condo/multifamily.

We just hosted a wonderful tenant from Furnished Finder.

The biggest site for MTR is Furnished Finder.

depisit max is 2x rent if unfurnished, 3x rent if furnished.  

Services for survivorsHarriet's Hope is open to any individual — no matter their gender identity or sexual orientation — who has experienced human trafficking or chronic homelessness, meets CMHA's income guidelines for a housing voucher and is ready to make a commitment to sobriety, Kendall said.Most residents will be identified through the Salvation Army, but referrals can come from anyone, anywhere, she said.What sets the community apart from others is that the services residents need are embedded within it, Kendall said.Services include substance abuse disorder treatment by Alvis, case management through the Salvation Army, gender-affirming case management through Kaleidoscope Youth Center, a computer lab furnished by Dell, a food pantry, nutritional services, financial literacy classes, peer support, employment readiness programs, legal aid, health screenings, child care and more.Residents will start out with a one-year lease before going month to month, Kendall said.

As far as needs in my neighborhood we are a big military town we are sandwiched between two military bases that do summer training so we think eventually we may furnish the upstairs 600 SqFt unit upstairs and possibly do a short/medium term rental but more market research pending but currently for the downstairs we are smackdab in the middle of town and are like .2 -.5 miles away from 5 local schools 2 private and 2 local the rent is currently set at $1550/mo with electricity, gas, water/sewer and garbage included I worry people are getting stickershock and not seeing the included utilities I'm getting a ton of clicks on Zillow in 20 days (350) but only 4 inquires and 1 walkthrough who took an application but didn't submit it

Daniel there are a lot of furnished units on the market right now due to Airbnb being shut down. 

What I'm understanding from that wonderful summary/excerpt is that the room rental "business" is restricted to any part of the home that is 100% used for rental (not including common areas shared for personal use), which would then apply to any write off of maintenance, furnishing, etc, correct?