Quote from @Patrick M Nichols: Cogo is a total scam... lots of fees on the front end.

We successfully set up the co-hosting on Airbnb where I receive the agreed upon 18% + the cleaning fee.

They will take the permit fee and send an inspector that will provide some assurance that the work was performed correctly.

Setting up direct bookings is a great way to avoid platform fees!

What I love the most is two fold, the interest paid back on the loan goes back to you, the fees to do this are extremely minimal. 

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

It is a fairly signinificant set up fee and monthly charge. 

Then pay them a fee for finding the deal and pay them 8-10% of rents to manage the rental(s).

Our 275 sq ft furnished garage should rent for $1600 - $1800/mo and the only extra fees compared to long term is $99/yr to post on furnishedfinders.com. ...I should have this finished by the end of next month, so can keep you updated on whether this plan works and what we rent for. 

or scammed them on their application fee (like we're going to make a ton of money off those).