We are flexible with tenant payments but strict with our policies.

I do not live in California but you better look at all state laws and regulations - I know California is very strict and has lots of regulations that can be costly if you are not aware of them. 

One didn't make your list.1) I see people all the time raising money for real estate deals but they call it a partnership either because they are ignorant of the law or they are trying to avoid paying for all the legal work. 

Understand the tax implications and advantages of each one.  2) Location & Laws. 

It was a time of strict equality in appearance and lifestyle, but also widespread hardship and famine.  

A new law will require Airbnb and Vrbo to share host info with cities, giving authorities access to names, addresses, and listing details.If your property isn’t fully registered or you’re unsure about local rules, now’s the time to double-check.Question for the community: With the new law requiring platforms to report host info to cities, how are agents and investors deciding which properties are safe to invest in for short-term rentals?

If your market has steady demand and books well in advance, strict is great for protecting your income.

You can still select Super Strict 30 Days or Super Strick 60 Days. 

Yeah, Cleveland’s pretty strict about stuff like that.

Hi @Justin Melton you can set stricter cancellation terms by creating a custom agreement outside of Airbnb or using the “strict” policy if staying on-platform.