With limited inventory on the market (8,400 active listings of all home types, where a balanced market would have 25,000-30,000 active listings) prices continue to rise and rentals are in fairly short supply.All of this bodes well for the supply/demand dynamic.

BUT I am ready to ship him some plumbing supplies. 

Its all about the  money, supply and demand.

Wait until you get the “main water line broke at your rental, it’s $5,300” or the “toilet supply line busted in the middle of the night, better call your insurance company, the emergency clean up guys are there now...” call.

It quite possibly/probably has some asbestos, lead paint, galvanized plumbing supply/cast iron drain line, aluminum wiring/outdated electrical, etc.

I did not know the specifics of the defect and could not supply the documentation to support my claim to the Title insurance.  

Supply and DemandSupply is down 74% from January 2020!!!! 

Under normal market conditions, prices gradually moderate and find equilibrium between supply and demand.

YUP opportunity  230 a foot is quite high even with today lumber and other supply issues.. have to import your own team.. 

Will $2600/month be reasonable/profitable for the same unit, but short-term and furnished (including utilities, internet, supplies)?