Do my guests really need a (insert item for the home here)?

You've given me some solid pointers/items to take into consideration for future deal analysis, so thank you for that.

Pack their items, change front door locks and give new locks to other tenants.

For example if you were to exit a new build in 5 years there may be no cap ex cost (i can think of few cap ex items that does not last 5 years - maybe carpet in class c and lower), just maintenance costs which would be fairly small.Best wishes

The inspections have become so nitpicky over purely cosmetic items there has to be an extra $1-2k per year to keep up with the punch list every 1-2 years.

For Non-Admitted carriers, the important item to then pay attention to is the AM Best rating (or equivalent rating agency).

There’s normally action items that can be implemented into your management process that are more effective. 

Tailor these amounts to the significance of the task; for example:Roofer: $1,000/day (critical to weatherproof the site).Painter or garage door installer: $100–$200/day.Contract Value & Payment Terms:Agreed payment amount (lump sum or itemized costs).Breakdown of payment terms:Deposits.Progress draws.Retainage (if applicable).Scope of Work:Be as detailed as possible.

If this is a big-ticket item, you might consider legal action against Airbnb.  

Compliance items such as adding smoke detectors, hand rails, fire resistant garage entry-door and new stairs outside.