So if you want to decrease the agent's asking fee, the agent may reduce the level of service provided.

One way or another, however, the investors must work to pay down loans, increase rents and decrease expenses wherever possible.

And, more importantly, any decrease in bookings will definitely be blamed on AI.I do think there's a lot of value that AI can bring to vacation rentals, but I also know any writing by ChatGPT is always stilted and inhuman-sounding.

Revenues for Short Term Rentals in a lot of markets are way down this year, some well above a 20% decrease, the other thing to think about is do you even have the time/energy to do an STR?

Do not allow deadlines to float... the minute someone is late, start with the legal requirements even if you like them and believe it's a temporary issue. 

Mortgage loan applications decreased 5.6% last week, for instance.

Are there any big industries that bring in temporary or short term workers or contractors? 

They're also avoiding short term rental fees, temporary storage fees.Creative finance: they have too much equity for a subject-to deal; but I'm wondering if I could do a wraparound mortgage of 300k at 4.51% (payment would be around $1785/mo; market rent is around $2300/mo) and maybe offer like $40k cash?

If a tenant communicates a TEMPORARY situation not of their own making and has a good payment history, I will often waive a late fee.

But why wouldn't an increase in the cap rate decrease the property's value?