So just curious if my number formula is correct $15k down plus $15k Reno = $30k rental income/year  $14500 vacancy rate 2% operating expensive 35% ( to cover condo fees maintenance insurance ect) $5500 a year mortgage so roughly a 12.25% cash on cash return ? 

Next, clarify expectations with your co-host—ask if they see this as part of their service or if a fee is appropriate.

Are you paying any utilities as the owner, aside from water and user fee?

Also Airbnb does prioritize things like looser cancellation policies, instant book, in line with market cleaning fees, etc.

I believe there are license allotments in many towns near and around Denver so you want to make sure there is a license available for the basement unit before you factor this into your cashflow plan.

This is a company that extracts fees and does the bare minimum to stay in business.

Every license comes with its own responsibilities, fees, and obligations—like insurance, NAR dues, and other costs—so it’s important to think carefully about your goals before jumping in.I have to respectfully disagree with Erik.

Below are the key factors companies consider when choosing a city for investment:Low operating costs: Companies are unlikely to choose a location where state income taxes, property taxes, and insurance consume a significant portion of their potential profit.

This makes me wonder if paying the $29.99 fee might be causing some kind of issue with Zillow’s system.Will update if Zillow can response me.

Here are key factors to consider when searching for a reliable broker.A good private money broker plays a pivotal role in facilitating real estate investments, serving as a bridge between investors seeking capital and private lenders willing to finance those investments.