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.

Median home prices are up 9.3% in 2019 YTD and there is currently only 2.3 months supply of inventory in the market.

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

For starters, it's nice to not supply every financial document and my first born to ask for some money.

Also, I'm thinking a furnished SFH may have value for month to month rentals with the corporate community in GR - I'm guessing there's low supply of corporate rentals in the city - might explore that as well.

I was on the fence about going the Airbnb route because you'd have to buy furniture, decorate, etc and definitely a lot more upkeep and wasn't sure if it was worth it due to location of ER, which is more of a family-oriented neighborhood.

ESS is making some headway there but only on the equipment supply and integration side...installers are still hard to vet!

I’m curious about where the opportunity will come from, but I suspect that it may come from houses being priced competitively in the next 2-3 months from the sudden influx of supply.

The grass is high and the house is still full of furniture and personal items.