In my opinion, it's not a big deal and there's no reason hosts should be freaking out about this change...Just understand it and adapt accordingly.As a PM, my fees come out of the net payment from Airbnb, so there's no change to the landlord either in my business model (I realize this may differ for other PMs).Where there is a slight change is Airbnb is charging this on fees (such as the cleaning fee) as well, so those may need to be adjusted. 

As the real estate market is constantly changing and our goals and desires as investors are also changing what's next is forefront or should be forefront for each of us.   

Families change; someone might move out, or you might decide to rent to others in the future.

When ownership changes, from my experience, tenants that are M2M almost always leave and they leave very quickly.

There hasn't been any relevant case law specific to this issue come out in the last 20 years to change that.

I have enough to worry about without dealing with incompetent state workers, yearly renewals, and a constantly changing website that doesn't work, and looks like it was written with COBOL from the 1950's.  

technology changes, but human behavior doesn’t.

@William Thompson,Totally agree with this, REPS is one of those things that sounds complex at first, but once you understand it, it completely changes how you approach real estate.

You wouldn’t drive your car for years without an oil change — so don’t run your business without a check-in.Curious — do you review your numbers throughout the year or just wait until tax season?

.), and it returns a full underwriting breakdown:Base / downside / upside returnsP&L, DSCR, CoC, sensitivity tablesFlood + insurance risk for FloridaNext-step checklist and “what would change my mind” summaryIt uses conservative defaults (7.11% 30-yr @ 75% LTV, 5% vacancy, 3% expense growth, etc.) and calls out when you should check with a CPA, appraiser, or attorney.You can try it here on ChatGPT by searching for “BRRRR Brain” in the GPTs section.If you want cold, math-driven underwriting instead of hype, it’s worth testing.TRY IT OUT HERE!