We are doing individual room rentals it’s a 6,000 sq ft nine bedroom home Things I have heard to include besides basic items are air fryer insta pot tea kettle vacuum sound machine black out curtains and full length mirror We do plan to add a sauna, exercise equipment and possibly a hot tub.

Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge

https://www.biggerpockets.com/blog/core-four-real-estate-tea...

Regarding my initial question on capital calls, my reading of said tea leaves says that 80-90% of capital calls in this current cycle will fail.LP’s out there: think things through carefully before agreeing to capital calls!

I’ve also significantly reduced the number of expensive drinks out and generally have switched to just an iced tea at McDonalds for $1.51 if I’m craving a drink on the road.

I'd give this article by David Greene a read: https://www.biggerpockets.com/blog/core-four-real-estate-tea...

He has a Zinus Green Tea at his apartment that used to be in his bedroom and he is sleeping in the guest room.My brother in law went on hospice 2 weeks ago so we might have my sister in law move in with us until she goes to live with her son in San Diego so we needed it.

The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender. https://www.biggerpockets.com/blog/core-four-real-estate-tea...

She was running more than two weeks late the following month, and I'd added the appropriate late fees, making her balance $1,171... and then I got a text saying she'd made a payment... of $17,111.Obviously, that bounced. 

I've gotten proposed this myself and find it interesting-- not my cup of tea but another way folks are getting creative.