My team hasn't set up any STRs in the Dominican Republic but we had acquired some STRs in Costa Rica which we had thought we're going to turn out well but we had a few issues to note:- Cashflow issues: Since we are basing our reservations on another currency we couldn't charge as much as we were hoping for. - Finding a Good Team: Since there is a language barrier in place it was much harder to communicate with any cleaning companies/property managers we found. 

These numbers get better if the area is becoming more in demand over time as rents will go up and the condo will appreciate faster than 2%.

The direct booking capabilities offer a choice between charging hosts 1% or 7% of a direct booking, with the primary difference being payment processing and insurance policies.

For example I understand your brother is in charge of maintenance, but what if he wants to go super cheap on something that breaks later on and it cost more money.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

This seems too good to be true.My questions:1) Is it true that these "small cabin getaways" can charge $100 a night?

If they want to leave, give them 60 - 90 days to find something affordable, but offer to let them leave faster if they find something sooner.

Charge $50 to parents and grandparents to teach whatever they want to learn on iphone (or andoid). 

We charge about $1000 over comparable properties.

@Glen Michael we charge an onboarding fee to owners, which they ALWAYS complain about, but they don't want to undertand why it's so important.We use the funds to check:1) Ownership: we verify property is actually properly deeded to their name, LLC, etc. - We've found issues where owners was NOT on the deed and was scammed- We've also had to patiently explain to owners that since an LLC owned the property, that the management contract had to be in the LLC name and we needed proof they could sign for the LLC.2) Property Taxes: we make sure we know the status, to avoid tax foreclosure issues.- Took over several properties for an out-of-country owner last year that we're in the midst of tax foreclosure.