Real estate purchased with the primary intention of generating income, such as through renting on platforms like Airbnb and VRBO, rather than for personal use.
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Using a smartphone app or website to access a short-term rental, often through digital keys or codes.
Having plans and resources in place to handle unexpected situations like natural disasters, power outages, or medical emergencies at a rental property.
A strategic gap intentionally left in the booking calendar to accommodate unforeseen circumstances, such as last-minute cancellations or cleaning delays.
A specific segment of the short-term rental market with high demand and potential for profitability, like pet-friendly or eco-conscious rentals.