Demand could be low but so could supply. 

Two people can have the exact same income and net worth but one is much more aggressive (maybe they are single and very young) and another might be much more conservative.

I don't know of any legal requirement to have to supply a kitchen on a room rental but downsides are: lower rents, tenants may likely complain about all the construction noise and dust, potential law suits, much lower rents to have to deal with the construction, a lot of disclosures needed, etc.

All items must be left in the same clean, working condition as supplied on move in when the Tenant vacates the property.

I went ahead with filling out and supplying all appropriate information to them to get an idea of what type of financing terms I would be able to get with the different institutions.

I have a good supply of Starbucks on hand so all is well here.I do miss going out to dinner and etc., though (lifestyle impingements).And I do realize this is mentally and financially hard on so many--hang in there--and ride the waves as they come in, and do the best you can (that's all anyone can do).And riding this thing out in beautiful Oceanside is a lot better than riding it out Wuhan China where they are welding people into their homes (the glass is either half-full or half-empty).Good Luck!

If you are really into cash flow just put that equity money into syndication, highly aggressive syndication or debt fund could offer you 6-9% cash flow with really passive involvement. 

12 months may be a little aggressive depending on your saving habits and self employment but there are people all over the country absolutely killing it with this strategy.

I am thinking about moving on from the deal since I do not want to supply firewood but the cash flow on the place is amazing.

Once the closing takes place, the seller has zero incentive to cooperate with supplying them.