A term used to describe a contract that is very strong and difficult to break. Having an ironclad rental agreement is crucial for protecting both hosts and guests in the short-term rental industry.
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Regular upkeep and inspections to prevent potential issues and maintain the property in top condition, minimizing future repair costs and guest inconvenience.
Evaluating the financial performance of a short-term rental property, including occupancy rates, revenue, and expenses, to make informed business decisions.
Refers to properties or amenities within a short-term rental that are compliant with lead-free regulations, particularly concerning paint and plumbing.
A comprehensive plan outlining procedures and responsibilities for preparing for and responding to a tsunami event.