All the contestants, all the Miss Teen USA contestants that compete in Bahamas in a few weeks were there, and what seems like every other woman in the audience was really decked out and gorgeous.

@Bryan H. most of our competitors are NOT logical enough to do this:(

.), then it seems Seller Financing would be the most logical and simple route.

They're to protect both parties by listing everything that can realistically go wrong and/or has resulted in a lawsuit.Well written management contracts should follow the same logic. 

How much you spend on furnishings should line up with your target audience.

@Oren H. logically, vacancies are affected by location, property condition, and target tenants.For instance, a Class A property usually rents faster than a Class B, which rents faster than a Class C.What class is your property?

Agreed on it depends on your audience. 

It's a matter of identifying the product that is best suited to the audience you're selling to. 

The urban houses do it bunk beds less as the demographic is usually younger and in town for events, business, etc.The beach is primarily multi generational families with children, and it is a good idea to have them there.To sell any product including a stay in your STR you have to know your audience!

@Winston Eastman let's try to objectively (and Logically) look at this.TURNKEYPros: 1) Everything should be done, so no major repairs for near future2) Can finance everything in one purchase loan3) Can also buy with tenant in placeCons:1) Usually paying market price2) Trusting that repairs were all done and done well, otherwise potential money pit3) Any tenant in place may be misrepresented to make the saleOWN REHABPros: 1) If done well, may have instant/forced equity2) You will know exactly what repairs done and how well they were done3) Can place your own tenant to your qualificationsCons:1) Rehab loans are expensive2) Can run into rehab surprises affecting budget (watch any HGTV flip show!)