Yeah, I agree with you and I think that is going to be my next step @Sam ShuehI'm sure they will challenge the $150k/year as well, but I actually think those are conservative projections based on what we have been doing for the past few months now that we have all the units activated.Yes, the units are furnished as well, but I was not including that in the NOI calculation because my understanding is furniture would be considered CapEx for my use.You can see the units here: bit.ly/thefifehouse

When somebody uses that lock box to see the house , and they move their furniture in at the same time , you have squatters .I meet with each prospective tenant .

Take the hit, take the rest you wind-fall and do what ever you want.Have fun with your cash - be conservative and always ask for seller financing when making offers to buy - we call it "contract candy", anything the seller can add, all the furniture, car, cash back at settlement, seller financing, a lot he may own, a home warranty - etc (also called "can-adds).

I went online and on her facebook page she has a post: "Selling furniture.

Other than that I don't have much luck with furniture or appliances.

Channel, frequency, firmware, software, security settings, noise in the environment, something as simple as moving furniture around can impact coverage. 

I have just purchased a 76,000€ flat which I am hoping to rent without any renovations (or furniture) for €450.

That can include your furniture, primary residence, and paychecks. 

In USD it amounts to $70,000 (unit price + closing cost + interior design & furniture).To cut the long story short, my total cash outlay amounted to $29,922 (which is 42% of the total unit value).

While driving the other day, my wife and I found three properties that look like very nice homes although the grass was waste high, no curtains/blinds, and no furniture.