Processes for vetting potential guests to minimize risks, such as verifying identities, checking reviews, and setting house rules.
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Evaluating the financial viability of a property as a short-term rental investment, considering factors like occupancy rates, expenses, and potential income.
The total income generated from short-term rental bookings during a three-month period, typically used to track financial performance and seasonal trends.
A smaller-scale property management company that typically specializes in managing a select number of high-end or unique properties.
Regular upkeep and inspections to prevent potential issues and maintain the property in top condition, minimizing future repair costs and guest inconvenience.