The upfront costs associated with acquiring and setting up a short-term rental property, including purchase price, renovations, furnishings, and initial marketing expenses.
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Evaluating the performance of short-term rentals based on their location within specific zip codes, considering factors like demand and competition.
A comprehensive set of cleaning and sanitation guidelines for short-term rentals, often exceeding industry standards, to ensure guest safety and hygiene.
The degree to which a short-term rental property blends seamlessly into the existing architectural and social fabric of the surrounding urban environment.
The expected deterioration of a property due to regular use, distinguishing it from damage caused by guests, relevant for security deposits.