His high expenses will keep rolling along nicely, but his income will take a high-dive belly flop.My financial planner, and my friends, are all in the same boat.

It depends on what mean by deep and wide. 

For a vanishingly few stays we have to do a deep clean or replace linens, or something like a folding chair or portable dinner stand. 

At least a 3/2/2 would be ideal.As many people are experiencing at the moment the deep discounted deals are not easy to find. 

As long as your gross rents cover all the expenses, that is your NOI.The reserve 'should be' independent of the income the property but the reality is that most owners simply don't have the discipline or the deep enough pockets to do that.Reserve amount is the a calculation of how long before you have to replace 'big' ticket items at a property (e.g.

I could leave a few days breathing room if I don't think the two can cooperate in giving me time to have it professionally deep cleaned either July 31 or Aug 1, that is something I will discuss w/ both before signing anything.

I'm just playing it safe at this point to ensure I don't go in too deep with this company before it's too late.

If they don't have deep experience, you'll want to understand how they're compensating that experience through their team and other partners. 

Instead, and this rarely happens for me, I took a deep breath and decided to get rid of this problem the right way.

You know that feeling when you get off the phone with a lender that just recommended you have an AIA contract in place, and you you nod and say, "that shouldn't be difficult," but deep down you're like WTF is an AIA contract??