I really appreciate all the feedback, it seems as if LVP is a clean sweep, pun intended.

important">Follow Airbnb’s 5-step enhanced cleaning processWe're now requiring all hosts to follow a 5-step enhanced cleaning process.

Keep the closing period short and the contract very very clean.

At the end of each month or the agreed upon time frame, the co-host typically bills the owner for expenses incurred (cleaning, maintenance, etc.) and the agreed upon fee (i.e. 15% of revenue).

Is it more common to provide cleaning supplies or ask for that to be included in the quote?

I know typically with courthouse auctions it is a very quick turnaround (maybe 24 hours) from when your offer gets accepted to when the payment is due and you close so you will have to be comfortable with the added risk of not being able to do much due diligence, or will have to scramble to quickly verify you are buying a clean title and to produce the cash for purchase if you don't have it already liquid.

I'm more conservative in my approach but I'd say you at least need to have enough for the down payment, closing costs, etc. plus a healthy reserve so that you can cover a vacancy of a few months as well as the ability to cover the costs of any unexpected maintenance and/or capital expenditures.

Things we learned: (1) going through numbers, layouts, quotes etc. is annoying but necessary… This project will be tough, but we have already saved ourselves about $1,200 by doing the clean out.

If that's the case, you can't do any renovations until you have it professionally deleaded or it would be flagged for Unauthorized Deleading and you can get fined and the property would never be able to get a Lead Certificate, only a letter of Environmental Protection that states you did illegal work, got caught, then had to pay a professional to clean up the mess.

We do charge an additional pet cleaning fee to deep clean the home after the stay.