The process of identifying and evaluating potential risks associated with owning and operating a short-term rental, including property damage, liability claims, legal disputes, and market fluctuations.
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Laws and guidelines designed to prevent the use of short-term rentals for illegal financial activities, such as money laundering.
Hiring a third-party company or individual to handle various aspects of managing a short-term rental, including guest communication, cleaning, and maintenance.
The integration of smart home technology and devices into short-term rental properties to enhance guest experience and convenience.
Actively monitoring, responding to, and managing guest reviews across various platforms, addressing concerns, highlighting positive feedback, and maintaining a strong online reputation.