Pricing systems and strategies (seasonality, orphan days, rule sets, etc..), Guest Communication, Negotiation Tactics/Agreements (Arbitrage or Management Services), Vendor management (minor maintenance and repairs from transient guests), Design/Decor expert (or outsource but you need to know what works!).

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsBest of luck here at BP Nation.

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsGood luck on your journey!

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Complexity also brings about fees - fees to set it up, and fees for annual compliance, and annual registrations for each level.   

If it is set aside for a project, don't get greedy.

Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.

How have you all handled this to set proper expectations with your guests?

The US added 353k jobs (seasonally adjusted).

I'd advise you to look at both options, and the total cost of the investment going either way.Would you like me to set up a search for you in the areas mentioned?