This sewer line runs under 2 of the other subdivided lots that were intended to have houses on them about 400' away and ties into a city main 1 block away from the houseOct 2008 - I purchase the home and everything is great, assuming all is per plan.2010 - Developer sells one of the lots that my sewer runs under to the water district for a future clean water well site. 

In 2019 my mission beach units had average revenue minus cleaning of ~$80k.  

Seems clean, visually appealing and somewhat updated.

My goal is to add verbiage within the lease that will decrease any tiffs between tenants for the common spaces and how to set expectations and promote group effort with cleaning the common areas/shoveling snow/personal dishes/shared fridge/laundry/having guests and so forth. 

3.Draft a written agreement where the property owner retains full ownership of all guest funds (nightly rates, cleaning fees, and taxes), while the cohost invoices for management fees and reimbursable expenses?

The deal was contingent upon 60 day due diligence and a clean Phase 1 environmental assessment.

Welcome and great idea, I think the MTR space is still very smart area to be getting involved in

My local Airbnb rep said the algo does consider cleaning fee too so try to be lower or even with your competition. 

For instance, if I buy a house 20% down, 5% closing prep costs where the rent matches the mortgage, interest and tax and assume a 5% rent growth and appreciation, I'm expecting an 11% total return which is just not good enough for the hassle involved. 

I clean it up a little and sell it for more and a higher interest rate.