Hi everyone,
I'm looking to learn more about the challenges that STR owners face - I don't have a property yet and I want to learn about how I can serve and get involved in this industry before I do have one.
If you have a minute, I’d value input from current hosts on three specific points:
Appreciate any insights from your experience!
Thanks very much.
Hi Liam,
I rent a few properties short-term myself (mine's in Italy and France), and I'm a legal and conflict resolution consultant where I work with property owners and STR hosts navigating disputes, contracts, and vendor/guest conflict. So I can add a perspective to your list that experienced hosts sometimes only learn the hard way myself included.
1. Biggest unexpected expense : From my personal experience and for hosts I work with it's not the big-ticket stuff. It's the ongoing operational drag: pest control, unplanned maintenance/repairs between guests, and restocking supplies that add up faster than expected. Insurance is another one people underestimate, since standard homeowner's policies often don't cover STR use, so you need a specific STR policy.
2. Remote turnover/cleaning: Don't try to manage it yourself remotely if your rental will be far away. Build a reliable local team (cleaner + a local point-of-contact who can physically check the property) and use a shared calendar/scheduling tool so cleaning is automatically triggered by checkout, not manually coordinated every time.
3. Tool/software I'd set up Day 1: Most experienced hosts use a property management tool like Hostaway, Hospitable, etc. that syncs to your calendar, automates guest messaging, and coordinates cleaning rather than trying to run everything manually through a platforms app alone.
One thing I'd add beyond those three, since it's easy to miss when you're focused on the operational side: build in a plan or hire a consultant or firm for conflict before you need one. If you plan on listing your property on a booking site or platform you will quickly learn that they don't really have an experienced conflict/de-escalation team and many platforms are guest favored over the host. A guest dispute, a local regulation issue, or a falling-out with whoever's managing things on the ground. That's the cost that doesn't show up in a spreadsheet until it happens, and it can impact your host score, reviews and income. I actually work with property owners on exactly that side of things now, separate from the operational stuff.
Good luck! happy to answer anything further as you get closer.
Hi Liam,
I rent a few properties short-term myself (mine's in Italy and France), and I'm a legal and conflict resolution consultant where I work with property owners and STR hosts navigating disputes, contracts, and vendor/guest conflict. So I can add a perspective to your list that experienced hosts sometimes only learn the hard way myself included.
1. Biggest unexpected expense : From my personal experience and for hosts I work with it's not the big-ticket stuff. It's the ongoing operational drag: pest control, unplanned maintenance/repairs between guests, and restocking supplies that add up faster than expected. Insurance is another one people underestimate, since standard homeowner's policies often don't cover STR use, so you need a specific STR policy.
2. Remote turnover/cleaning: Don't try to manage it yourself remotely if your rental will be far away. Build a reliable local team (cleaner + a local point-of-contact who can physically check the property) and use a shared calendar/scheduling tool so cleaning is automatically triggered by checkout, not manually coordinated every time.
3. Tool/software I'd set up Day 1: Most experienced hosts use a property management tool like Hostaway, Hospitable, etc. that syncs to your calendar, automates guest messaging, and coordinates cleaning rather than trying to run everything manually through a platforms app alone.
One thing I'd add beyond those three, since it's easy to miss when you're focused on the operational side: build in a plan or hire a consultant or firm for conflict before you need one. If you plan on listing your property on a booking site or platform you will quickly learn that they don't really have an experienced conflict/de-escalation team and many platforms are guest favored over the host. A guest dispute, a local regulation issue, or a falling-out with whoever's managing things on the ground. That's the cost that doesn't show up in a spreadsheet until it happens, and it can impact your host score, reviews and income. I actually work with property owners on exactly that side of things now, separate from the operational stuff.
Good luck! happy to answer anything further as you get closer.
Ashley it was super nice of you to respond, and in such detail too. Thank you very much
I can see how maintenance and repairs and pest problems may represent a roadblock, I guess if you don't have anyone lined up to address those things you will be scrambling to deal with it and it may put things on hold, which loses you money.
That idea about cleaning being triggered automatically at checkout time is great! I have heard of Hostaway as well, sounds useful.
The conflict resolution preparation sounds very helpful too - it would help keep an uncomfortable situation from becoming really damaging (hopefully).
Thank you so much again for your input.
1 - I read and researched for a year and was still unprepared for taxes. you see the gross rent, and in the back of your mind you know that cleaning fees and taxes are added in, but not enough emphasis is using tools that only show rent only. or at least for me. I second the operational expenses. Little things that I constantly had to have my handyman go fix. Things I could normally fix I have to outsource as I live 5 hours away. 1-2 trips a month for something small adds up.
2 - #1 thing for your STR, get a good cleaner that you trust. Dont go cheap on your cleaner, its the first thing your guest sees and can make or break you. I have cleaners that take pictures of any problem area when they arrive and then take pictures of when they are finished. Any guest mention of an issue, i have a timestamped picture of bathroom toilets, showers, rooms, kitchen, fridge, etc. And dont be afraid to change cleaners if you have to. I used my first cleaner for 1.5 years and while they were great for the first year, then things went down hill. Gave them a few chances but eventually had to move on because their issues (expansion and new cleaners) were risking my bank account and rental reputation. It was a difficult and discussion and they were not happy, but I couldnt risk my investment.
3 - 2nd Ashley. I know that people will say for a small number of properties, you can just use iCal and just the platforms. I started with 1 property and used OwnerRez. besides also giving me a direct booking website for repeat bookings, the scheduled messaging templates make it nice as I work my day job and know that a message comes in and they automatically get a response. and OwnerRez also gives you free Turno, which is used to schedule cleaners and also lets them know when a clean is a turnover clean. To know that a booking comes in and clean is automatically scheduled with the cleaner is great too.
2nd item, dynamic pricing (i use Pricelabs but there are some others) being able to easily set minimum night stays, better pricing for nights vs weekends vs holidays. far out pricing, last minute prices, day of week prices. and to me, it will pay for itself.
1 - I read and researched for a year and was still unprepared for taxes. you see the gross rent, and in the back of your mind you know that cleaning fees and taxes are added in, but not enough emphasis is using tools that only show rent only. or at least for me. I second the operational expenses. Little things that I constantly had to have my handyman go fix. Things I could normally fix I have to outsource as I live 5 hours away. 1-2 trips a month for something small adds up.
2 - #1 thing for your STR, get a good cleaner that you trust. Dont go cheap on your cleaner, its the first thing your guest sees and can make or break you. I have cleaners that take pictures of any problem area when they arrive and then take pictures of when they are finished. Any guest mention of an issue, i have a timestamped picture of bathroom toilets, showers, rooms, kitchen, fridge, etc. And dont be afraid to change cleaners if you have to. I used my first cleaner for 1.5 years and while they were great for the first year, then things went down hill. Gave them a few chances but eventually had to move on because their issues (expansion and new cleaners) were risking my bank account and rental reputation. It was a difficult and discussion and they were not happy, but I couldnt risk my investment.
3 - 2nd Ashley. I know that people will say for a small number of properties, you can just use iCal and just the platforms. I started with 1 property and used OwnerRez. besides also giving me a direct booking website for repeat bookings, the scheduled messaging templates make it nice as I work my day job and know that a message comes in and they automatically get a response. and OwnerRez also gives you free Turno, which is used to schedule cleaners and also lets them know when a clean is a turnover clean. To know that a booking comes in and clean is automatically scheduled with the cleaner is great too.
2nd item, dynamic pricing (i use Pricelabs but there are some others) being able to easily set minimum night stays, better pricing for nights vs weekends vs holidays. far out pricing, last minute prices, day of week prices. and to me, it will pay for itself.
Trent thanks for this response. That point about taxes is very helpful - it feels like something that could bite you later because you weren't prepared for it. It is great seeing you and others mention the tools and automation that can be added in, it is all part of giving the business clear systems that can respond efficiently when issues arise.
1. Biggest expenses are usually around maintenance. Make sure you have a good local handyman who is checking your property in addition to your cleaners to report wear and tear and opex items (new coffee pots, replacement kitchenwares, linens, etc). Whatever property you buy make sure it is thoroughly inspected - a house with a 1 year old HVAC and 2 year old roof and updated electrical and plumbing will fare much better generally than one with a 9 year old HVAC and 17 year old roof etc.
2. I give cleaners an average shelf life of about a year, unfortunately. Plan for the same and have backups ready. Good cleaners get referrals and grow larger and quality tends to go down in my experience. They will likely know you are remote, but that does not mean you should be absent. The squeaky wheel gets the grease so be on top of them. Make them complete checklists and send to you, have review calls, etc.
3. IMHO you do not need any softwares to self manage 1, or even a handful. If I had to choose 1, likely pricing. It is very important especially in competitive markets.
Good luck and let me know if you ever consider buying in Florida!
1. Biggest expenses are usually around maintenance. Make sure you have a good local handyman who is checking your property in addition to your cleaners to report wear and tear and opex items (new coffee pots, replacement kitchenwares, linens, etc). Whatever property you buy make sure it is thoroughly inspected - a house with a 1 year old HVAC and 2 year old roof and updated electrical and plumbing will fare much better generally than one with a 9 year old HVAC and 17 year old roof etc.
2. I give cleaners an average shelf life of about a year, unfortunately. Plan for the same and have backups ready. Good cleaners get referrals and grow larger and quality tends to go down in my experience. They will likely know you are remote, but that does not mean you should be absent. The squeaky wheel gets the grease so be on top of them. Make them complete checklists and send to you, have review calls, etc.
3. IMHO you do not need any softwares to self manage 1, or even a handful. If I had to choose 1, likely pricing. It is very important especially in competitive markets.
Good luck and let me know if you ever consider buying in Florida!
Thanks, Andrew. I'm imagining some kind of checklist which would include checking in on those things that could easily break just so that I as an owner would be aware of it. I've also seen suggestions about changing out certain common maintenance items on a schedule so that there are fewer surprises. And that point about cleaners perhaps becoming a little less consistent after a year or so makes sense - sounds like a refresh every once and a while is important.
For a remote STR the weak point is usually response time. I would line up a local cleaner backup cleaner handyman and lockout plan before launch then test the full guest turnover once as if you were out of state.
For a remote STR the weak point is usually response time. I would line up a local cleaner backup cleaner handyman and lockout plan before launch then test the full guest turnover once as if you were out of state.
Rui, I love this idea of setting things up and then testing how things work. I do wonder how many owners just buy a property, list it, and have to figure all of this out on the fly, hurting their reviews in the process. Thanks!
Hi everyone,
I'm looking to learn more about the challenges that STR owners face - I don't have a property yet and I want to learn about how I can serve and get involved in this industry before I do have one.
If you have a minute, I’d value input from current hosts on three specific points:
Appreciate any insights from your experience!
Thanks very much.
Hey Liam! Welcome to the forums!
The biggest operational expense is most likely going to be labor between cleaners and a handyperson. Any major system that could break and is on the older side is a big risk as well. Also, just the amount of time you have spend on the property handling guest items. I would make sure to build out SOP's and minimize reasons guests need to reach out to you (QR codes, guidebook with tons of info, video walk throughs, etc).
Use something like Turno and pay cleaners well (I know I said cleaners are the biggest expense, but they also make the operation run smoothly). I would incentivize your cleaners to help be your boots on the ground. You could always hire a local inspector ($25-50 per visit) to go in before each check-in and check the unit, but it depends on your daily rate to make this make sense.
I would 100% set up property management software from day one. I use Lodgify mixed with Pricelabs and Turno as my main 3. Good luck and we are here to help with any questions that come up!
Hi everyone,
I'm looking to learn more about the challenges that STR owners face - I don't have a property yet and I want to learn about how I can serve and get involved in this industry before I do have one.
If you have a minute, I’d value input from current hosts on three specific points:
Appreciate any insights from your experience!
Thanks very much.
Hey Liam! Welcome to the forums!
The biggest operational expense is most likely going to be labor between cleaners and a handyperson. Any major system that could break and is on the older side is a big risk as well. Also, just the amount of time you have spend on the property handling guest items. I would make sure to build out SOP's and minimize reasons guests need to reach out to you (QR codes, guidebook with tons of info, video walk throughs, etc).
Use something like Turno and pay cleaners well (I know I said cleaners are the biggest expense, but they also make the operation run smoothly). I would incentivize your cleaners to help be your boots on the ground. You could always hire a local inspector ($25-50 per visit) to go in before each check-in and check the unit, but it depends on your daily rate to make this make sense.
I would 100% set up property management software from day one. I use Lodgify mixed with Pricelabs and Turno as my main 3. Good luck and we are here to help with any questions that come up!
Garrett thanks for the response. I haven't often seen that suggestion about the guest guidebook, even though you do usually see some kind of small folder or binder in AirBnbs. Seems like that could be a really important piece to do well.
Lodgify, Pricelabs, and Turno - got it. Thanks so much for theses suggestions!!
This isn't an operational expense, but a huge expense for me was getting the house ready - especially the cost of painting. I have a townhouse, 1800 sq ft, two story, which badly needed interior paint throughout. I figured on maybe 6-7k for the job. My first quote from a recommended painter was 20k (gasp), the second 11k, which I went with because I had to have it done quickly to get up and running. It also cost much more than I thought for all of the furniture and goods needed to outfit the house. Remember that all of the time you spend on prepping the house is money you're losing by it not being booked. It doesn't pay to do everything yourself if you're losing a bunch of potential bookings, it's better to pay multiple pros to do things quickly.
This isn't an operational expense, but a huge expense for me was getting the house ready - especially the cost of painting. I have a townhouse, 1800 sq ft, two story, which badly needed interior paint throughout. I figured on maybe 6-7k for the job. My first quote from a recommended painter was 20k (gasp), the second 11k, which I went with because I had to have it done quickly to get up and running. It also cost much more than I thought for all of the furniture and goods needed to outfit the house. Remember that all of the time you spend on prepping the house is money you're losing by it not being booked. It doesn't pay to do everything yourself if you're losing a bunch of potential bookings, it's better to pay multiple pros to do things quickly.
This is an excellent point about the setup costs, Lauren, and usually you don't hear much about even just the paint! I get what you mean about having a professional do it quickly. I am a pretty comfortable DIYer, but I'd need to be thoughtful about which things are out of my wheelhouse/ can't be done fast by me, and which things I may be able to tackle. There may be a balance there to save some funds. Thanks.
If you want to learn before you own, spend a few weekends riding along on turnovers and guest issues. That will teach you more than another software demo. The first system I would build is an escalation chart: what the cleaner can solve, what the handyman can solve, what needs owner approval, spending limits and response times. Remote hosting usually breaks because nobody knows who owns the next decision. Maintenance calls and linen replacement were two expenses that surprised us early.
If you want to learn before you own, spend a few weekends riding along on turnovers and guest issues. That will teach you more than another software demo. The first system I would build is an escalation chart: what the cleaner can solve, what the handyman can solve, what needs owner approval, spending limits and response times. Remote hosting usually breaks because nobody knows who owns the next decision. Maintenance calls and linen replacement were two expenses that surprised us early.
Matthew an escalation chart sounds super useful - I will definitely build that into my plans. I've recently heard that some owners or operators give their cleaning or maintenance teams ownership when a problem could be fixed under a certain amount of money (say $200). Like they wouldn't need permission to address those things.
As for linen, I can see how a 2-3 bedroom rental could become very pricey when you have to buy 2+ sets of sheets per room, and they might be pretty pricey on their own if they are high quality.
Thanks!
Liam, a few from the guest-experience side, since that's where a first-time host (remote or not) usually stumbles:
1. Biggest unexpected expense: it's rarely one big line item, it's the rolling small ones - restocking consumables (coffee, paper, toiletries), kitchenware and linens that wear out faster than you think, and a cleaning cost on every turnover even the ones you forget to count. Budget a standing restock-and-repair line from day one rather than assuming day-one furnishings cover you.
2. Remote turnover and cleaning: standardize instead of hoping each time. Write one exact cleaning checklist (room by room, what restocking looks like, where extras live), pick cleaners who photograph before and after, and tie scheduling to your calendar so a new booking automatically triggers a turnover clean. Have one local point of contact who can physically check for wear and tear, not just clean. And give guests an explicit check-out routine (dishes, rubbish, thermostat, windows, keys) so your cleaner is doing turnover work, not guest cleanup on the clock.
3. Day-one tool that tends to get missed when everyone says property-management software: standardize your guest-facing materials before you publish. A listing that's accurate and specific rather than adjective-heavy, a short set of house rules that are concrete and enforceable, a welcome guide that answers the where-do-I-find-X questions, and a check-in message with the essentials (arrival, parking, entry, Wi-Fi, quiet hours, how to reach you, emergencies, check-out). A lot of remote-host stress is just guests not being able to find an answer, and most of that is preventable with templates you write once. The software sends the message; the content is what stops the 2 a.m. pings.
Hi@Liam Miner, welcome to BP!
A few things I’d keep in mind before launching your first remote STR:
One additional piece I’d recommend thinking about early is financing strategy. Understanding your acquisition and refinance options before you buy can make a big difference in how you structure the investment and scale beyond the first property.
Good questions to be asking before buying—learning the operational side first can save you a lot of expensive lessons later.
For a remote STR, I'd set up the operational workflow before the first guest rather than waiting until problems start showing up.
I’d make sure there’s one clear place to track turnovers, cleaner responsibilities, inventory/restocking, maintenance issues and key property information. Guest communication and reservations can live in a PMS, but the day-to-day operational details are where things can get scattered quickly.
For cleaning, I’d use a repeatable turnover checklist with photo verification for the important items and a clear process for reporting damage or low inventory. For supplies, minimum stock levels and a simple restock status can prevent the “we just ran out” messages right before check-in.
I’d also have a backup cleaner and basic emergency/maintenance contacts documented before launch. With a remote property, having the process written down matters just as much as choosing the software.
Of the three areas you mentioned, I’d prioritize the turnover/cleaner workflow first — if that breaks, you feel it immediately with the next guest.