This will give you a good idea of the supply and demand as well as the standards in your area.

Reduce her pay and you could lose that.3) Does she provide her own cleaning supplies?

For example, 200 miles one way (guess) x $0.67 IRS mileage rate x 2 = $268 estimated vehicle cost per round trip, which is per guest stay.I'm using a calculator that factors in management costs (cleaning, hot tub maintenance, CapEX, OTA service fees, supplies, refunds, utilities, landscaping and internet) - it does NOT include marketing/tech tools like Lodgify, Guesty etc. so good flag. 

The supply of new units is overwhelming and demand is just not there.

In the Reno, NV market the single-family is out performing the multifamily because of the short supply and higher prices.

I believe VRBO does as well, but once the listing is connected to a PMS everything changes and you have to supply your own payment processing and guest verification. 

Many of these Colorado resort areas are becoming oversaturated with supply.

I mean once you talk to them, it's pretty easy to spot if they know what they are talking about.I've work on STRs before and to be honest, it is not the most fun aspect of accounting because the volume of allocating income from all sources (airbnb, vrbo, stripe, direct booking, and so on) to a bunch of random expenses (cleaning, supplies, repairs, advertising, commissions, and all typical real estate expenses).I had to strictly rely on the client's input on what the expenses belong to which property or even units, if the paperwork doesn't say. 

My thought is yes because that was time spent renovating the property to prepare it to be rented. 2) Do hours logged include time spent driving to the property to perform renovations and re-stock supplies?

Consistent search volumes for rental-related queries like "apartments for rent Syracuse NY" match well with the demographic profile, indicating ongoing interest in housing in this area.Supply and Demand DynamicsBuilding Permits: A notable surge in building permits in 2024, particularly for 2-unit and 5+ unit multi-family structures, notably in zip code 13224, signifies both growing demand and increasing supply, potentially influencing market prices.2024Total Units56Units in Single-Family Structures4Units in All Multi-Family Structures52Units in 2-unit Multi-Family Structures32Units in 3- and 4-unit Multi-Family Structures0Units in 5+ Unit Multi-Family Structures20Google Search InsightsSearch Trends: The terms "luxury apartments Syracuse NY" and "new apartments Syracuse NY" show increased interest, particularly with searches peaking for new construction assets.