While we didn’t need significant updates, our team focused on cleaning, staging, and marketing to highlight the home's features.

Instead, there should be dollar amounts assigned to specific events, i.e. demolition complete with full haul off, floors broom cleaned, no nails left in studs or subfloors $1,500.Plumbing rough in complete and rough in inspection passed: $4000Final plumbing completed $5000I am clearly making up dollar amounts, but look for these types of bids on large projects.  

The moderators have since cleaned it up.

Make sure everyone knows a cleaning schedule, expectation for common areas, how are you splitting utilities, guest policy, etc. 

My goal is to add verbiage within the lease that will decrease any tiffs between tenants for the common spaces and how to set expectations and promote group effort with cleaning the common areas/shoveling snow/personal dishes/shared fridge/laundry/having guests and so forth. 

Tons of deferred maintenance and a lot of work to do to clean up this mess. 

3.Draft a written agreement where the property owner retains full ownership of all guest funds (nightly rates, cleaning fees, and taxes), while the cohost invoices for management fees and reimbursable expenses?

The deal was contingent upon 60 day due diligence and a clean Phase 1 environmental assessment.

I had a few properties when a lady that owned a cleaning company I had contracted with previously approached me about combining forces on a property management company.

My local Airbnb rep said the algo does consider cleaning fee too so try to be lower or even with your competition.