We also have an opportunity to invest in a non traditional single family home, which would cost about $300K, with downpayment of $60K and after closing cost/minor repair etc etc - maybe $90K total - This would almost drain the 529, leaving about $15K. 

Quote from @Dalton Foote: Depends on the landlord you want to be...The most common options I see in my experience with working with pm groups and investors on rentals:Flooring- lvp for the main areas, (some choose to leave carpet in the bedrooms) Stay away from any rolled vinyl. 

@Jose Alonsoo you leave a LOT of important question unanswered ?  

Let's list the telltale signs from what you posted:1) Tenants either leave or don't pay rent on time2) There's a decent amount of damage when they leave3) Takes time to find new tenants4) Lots of maintenanceIf true, your first challenge is aligning your expectations with the property you bought!

Now, when using the Rental property calculator, should I enter the utility costs (electricity, gas, water) or should I leave these out because they would normally be the responsibility of the tenant to pay directly?

The gurus that teach this stuff leave out little details like, it could be illegal. 

I then start fresh with to furnishing my new house, which I plan to rent out 3 rooms, while I live in one.Questions:1) is it ever not a good idea to leave most of my furnishings for the Airbnb property?

Quote from @Andrew Gardiner: Hello my name is Andrew I'm from Hartville Ohio I really want to get into investing I'm extremely interested in learning how to create passive income my goal is to own 3 doors at the moment only up from here the only problem I have right now is knowing where to start and I have no money I work a fulltime job but I want to leave this place and become better with money  Read, Educate, Learn, etc.

If you feel like their offer is basically take it or leave it, then you'll have to make a decision whether you can afford to have the property locked in an uncertain contract for a period of time.

A lot of free online lease forms are outdated or don’t follow Texas landlord-tenant laws, which can leave you wide open to risk.Here’s what I recommend:✅ Lease Agreement: Start with the Texas Association of REALTORS® (TAR) lease if you have access.