Digital checklists used by hosts or cleaning services to ensure consistent cleaning standards and track cleaning tasks for each turnover.
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The period before a guest’s scheduled arrival date during which they can cancel their reservation without incurring any financial penalties.
A unique nine-digit number assigned to individuals or businesses by the IRS for tax purposes, required for reporting rental income.
Insurance covering mortgage payments if the homeowner/host becomes unable to work, providing financial security for short-term rental property owners.
A situation where a short-term rental property’s pricing is not dynamically adjusted based on factors like demand, seasonality, and competitor pricing.