I have read some posts where the recommendation was to do month to month leases in order to have an easy out if things don't work out, and in addition to rent the rooms furnished to minimize wear & tear by short term renters moving furniture in and out.

We supply performing assets at lowest possible prices.

New plumbing is better than old in general, especially if you have galvanized supply or cast-iron waste.

A book also isn't going to tell an investor that a new transit hub just opened near XYZ, and what they might mean for renter supply/demand moving forward 2-5 years.

Carpet for the floors rather than hard floors; soft pillowy furniture.

Once I have a contract on a property I'm purchasing I usually have them supply me a key.  

Hi all - does anyone know of a list service that supplies non-owner-occupied properties, that doesn't cost an arm and a leg?

Hi - for those of you doing Airbnb - seems like the main upfront cost is furnishings - I'm guessing you guys aren't buying new furniture!

At that point, find a partner in some capacity who supplies what you lack, and go start knocking down deals.

The connection isn't only from the direction of the DP to the Cash Flow...it works both ways, and it's that 2nd direction this is usually missed...and is the most important.The cost of the property to you is what you pay out of pocket...not the Purchase price plus interest, since the tenant is supplying the funds (rent) to pay the mortgage payment.