I spend the money on quality furniture.

That improvement is paying for his furniture alone. 

Depreciation recapture on the furniture you give up.Furniture, electronics, pictures and all the other moveable stuff that you leave in your old STR cannot be included in the exchange, contrary to what you've been told.

And then they pay for the furniture outside of that ... usually around 25-35% of new-furniture cost. 

One guest said he liked that he could go a whole week without running the dishwasher.And real furniture that’s actually comfortable.

Hello, does anyone have furniture damage language to include in the lease for a fully furnished unit?

But he walked away and left EVERYTHING, from furniture to clothing, and everything else.

Being intentional with design — putting money to the side to pay a professional designer, buy furniture and accessories — can be all the difference in a 5 star listing or a 2 star listing.

Typically, you want your monthly rent for a mid-term rental to be twice the traditional long-term rental rate to cover the higher vacancy, furniture costs, and utilities.I live in Santa Fe myself, and would be happy to discuss specifics about the market.Jens 

I’d first ask CMHA locally how they’ll view the change, mock up furniture in both layouts, and only convert units where the rent bump outweighs cost and potential market shrink.