I'll Google those items and see what I find.

Do my guests really need a (insert item for the home here)?

Good summary of what your market is looking for but as we all know, each market tends to have its "wish / want" items which differ from market to market.Flow is definitely a selling point but make adjustments come with a cost. 

There’s normally action items that can be implemented into your management process that are more effective. 

This property needed an extreme amount of clean up and haul away of items left behind.

I have one I have drafted up but would love to compare against others.What are some items you always included in your MTR rental agreements?

I haven't filed a claim all these years but insurance is for the what-if and to be used for the high-ticker items, but chances of damages exceeding the 5% is low.  

Another struggle i have with STR is replacing small items continually which ties back to pricing.

You make the payments to the lender.Oh, and just in case, there are more items to know about when considering a "sub to" transaction but this is just a comment on the payment aspect. 

The property taxes will be on his Schedule A during the time the property was his primary residence, assuming he itemizes.