@Shawn ChervinskisSee Section 408(b)(2) of ERISA for more information on this exemption.The office space or services are necessary for the establishment or operation of the plan;The contract or arrangement under which the office space or services are furnished is reasonable; andNo more than reasonbale compensation is paid for the office space or services.Regulations issued by the Department clarify the terms “necessary service” (29 CFR 2550.408b-2(b)),”reasonable contract or arrangement” (29 CFR 2550.408b-2(c)) and “reasonable compensation” (29 CFR 2550.408b-2(d) and 2550.408c-2) as used in section 408(b)(2).

If you furnish it and do a medium-term rental, you can get closer and even cash flow a bit with the right property.

Hey Daniel,I think it really depends on what your strategy is.If you are planning to pick the market, furnish and manage the property then education will be extremely beneficial.If you are partnering with an experienced agent/manager then a lot of the guesswork is taken out.I'm based out of central FL and have helped multiple Canadians purchase investments in FL.

Short Term Rental Property, nearby hospitals, furnished to travel nurses.

In my opinion if there is profit to be made why don't you pay a designer to furnish it and turn it over to a property manager and cut out the arbitrager middle man?

If you haven't already, I would look on Furnished Finder (FF) for comps, and you can reach out to hosts there.

Hi Rob,I'm in Lexington and my wife and I own and manage a few furnished rentals in Columbia. 

You can rent furnished rentals on a 4 unit or rent by the room furnished. 

.- Starting properties from the ground up with our expertise in what is needed for a rental to last and run smoothly, from simple furnishing to complete remodels/renovations.- Running properties as the businesses they are meant to be.

I’m worried that’s why he has it listed so high and it won’t appraise for what he asking ($289,900 fully furnished when comps are around $250-270) so he’s hoping a cash buyer will come along.  2.