You should have at LEAST 3 months of expenses in reserves.

No, I'm not making it up, plenty of people here on BP can confirm.

If mixed in with your deposits and reserve funds, you may accidentally spend money you shouldn't have. 

Then, call the company a month later to confirm and get a copy of the policy or EOI.

Make sure you confirm the value of the property, the business income and expenses, and confirm the borrower’s experience.

What should I check to confirm if I can legally register the Airbnb under my LLC for rental properties as a different series? 

Luckily for me, I didn't need to tap into the contingency reserves that were set aside.

And cash reserves are the necessity if you want to take debt.

I'm not saying don't have reserves at all.

If you want to do a background check and lease for Airbnb bookings, you have to put it in the house rules so you have the guest agree to do it after confirming the booking on Airbnb.We don't do mid stay cleanings, but we do expect a deeper clean after all our MTR stays.