Use rules of thumbs as sorting mechanisms.

Well, here’s the hard truth; for CONSUMER insurance, such as retail auto policies, homeowner policies, etc.  

Major items like roofs, and mechanicals would be additional.

Major items like roofs, and mechanicals would be additional.

Most comments already suggested great ideas: - professional photos- Utilize FB groups - Social Media account for the propertyA few i might add: - professional decorator- Auto messaging guest (will save you tons of time) **Hospitable or Guesty is a great software for this** This will help you get more reviews thus superhost status thus more bookings- Dynamic pricing **Pricelabs** - Not sure what market you are in but what i do for my market is lower prices on weekdays and give discounts for longer stays (4-5 nights) - Find Local attractions and ask if they will advertise your airbnb on their site in exchange for putting flyers into you home during stays (go to them with projected # of bookings you will get in year and they might be blown away. 

Make sure the roof and mechanicals are all working as those items are costly.

So your down to HELOC or something of similar mechanics. 

My Depreciation was sit up one time and then an auto entry for each month.Recently have switched to Buildium for the management platform. 

In our experience, this is the biggest challenge owners & PMC's have.Here's our copy & paste about it:Maintenance ChargesCommon: owner agrees in contract that PMC can perform work without owner approval up to a certain threshold (Example $500) or in an emergency.Questionable: owner doesn’t find out about charges below threshold until they get their monthly statement.Hourly – PMC bills at hourly rate depending on type of ServiceTech sentEXAMPLE: Owner billed at $65/hour for handyman workMarkup is hidden in that rate as highly unlikely PMC is paying their handyman the whole $65/hour.PMC or a subsidiary billing – PMC submits bill from their companyEXAMPLE: Owner receives a bill for licensed HVAC work on PMC form.Owner does not get the licensed mechanical contractor bill, so has no idea of PMC hidden markupTransparent – original bills from all contractors sent to owner, PMC charges a pre-approved markup for their time to handle.EXAMPLE: Owner receives a bill for licensed HVAC work on contractor’s form.Only challenge is some PMC’s get illegal kickbacks from contractors owners don’t seeThere are then many different IF -> THEN fees to cover evictions, emergencies, filing insurance claims, etc.WARNING: never assume you won’t be charged for something unless it states so in the management contract!

If you use rent manager or many other property management softwares you can offer auto debit, credit card, e-check, and cash payments at retail locations (Walmart, ace, etc).