The terms and conditions that outline the cancellation options and potential penalties for both hosts and guests when booking a short-term rental.
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The mathematical formula used to determine the dwell ratio, dividing the average property purchase price by the average annual rental income.
The understanding that short-term rental operators must adhere to all applicable local regulations, licensing requirements, and tax obligations.
The use of technology to monitor noise levels in short-term rentals and ensure compliance with local regulations and house rules.
Setting competitive rental rates based on market demand, seasonality, competitor analysis, and the specific preferences of the target audience.