My fren who spent less than RM10K renovation manage to rent out his studio to professional for RM2.3K within 2 weeks after reno completed. For studio... as far as I know.. demand > supply for furnished unit.

As for Airbnb.. I do not know why landlord want to rent out to the operatror if the rate is similar to the rent out to individual tenant. They better make sure they have waterproof tenancy as I believe most likely the furniture will be gone case after a year.

A lot of investors focus on the yield and totally forgot about liquidity part.. In my book, I rather have something that can be rented out in 2 weeks but with yield of 5% rather than a property that can get 6-8% but need to wait months before securing a tenant.