Their labor rates are way below market rates so don't expect any big name established company to show up. 

@Ethan Swat have you done the math to calculate the increased booking volume or higher booking rate is required to break-even on the investment?

When interest rates were lower there were more deals to be had and cashflow was solid with even a moderate down payment.

At a 30% effective tax rate, that $200,000 write-off is a $60,000 savings.

You can also always put more down to cover risks and refinance into lower rates.

They mentioned it in the latest Vrbo webinar so I asked my Vrbo account manager and this is what she said:I put in a case to see if we can get Rate Automation placed in your MarketMaker.

Arguably, a PM company is going to have these trades available at a cheaper rate (theoretically) due to scale, but the PM company is also probably going to mark it up, so it ends up costing about the same.

The other 100K of gain's tax rate depends on where his other income is at.

Don’t be afraid to ask for lower rate, especially if you find the house or FSBO, in writing in the agreement, and that additional fee they’re charging would just make me angry.

One thing to also consider is if the kids take it over will they jack up the rent to market rate?