Local vacation rental manager

Owners of second homes, condos and spare properties who live elsewhere or don't have time to run a short-term rental.

A percentage commission on booking revenue, often with extra fees for set-up, linen or restocking. Pricing varies by market, so compare local managers.

• Fast, friendly communication
• Organizing schedules and cleaners
• Basic problem solving when things go wrong

• Many cities, counties and HOAs restrict or require permits for short-term rentals, so check before taking on any property
• Some states require a real estate or property management license to manage rentals for a fee, so check your state's real estate commission
• General liability insurance for your business, and confirm the owner has proper short-term rental insurance
• Lodging or occupancy taxes may need collecting and remitting, so check who is responsible on each platform
• Being on call for guest emergencies, including evenings and weekends

Startup costs are typically around $500 to $3,000, depending on your insurance, listing tools, business registration and basic supplies. Costs stay low because you manage a small number of properties locally.

Monthly revenue is typically estimated at around $500 to $3,500, depending on how many properties you manage and your commission. It can start at around 8 hours a week, but you may be on call evenings and weekends.

Check city, county and HOA restrictions or permits for short-term rentals before taking on any property. Also check whether your state requires a real estate or property management license, insurance, and who collects and remits lodging or occupancy taxes.