Short-Term rental co-host and manager

Owners of vacation homes, second homes and investment properties who live elsewhere or don't want to run guest stays.

A percentage of booking revenue, commonly paid monthly, sometimes with setup fees for creating the listing and preparing the property.

• Fast, friendly guest communication
• Scheduling and coordinating cleaners and handymen
• Basic pricing and online listing skills
• Problem solving when something goes wrong

• Many cities limit or require permits for short-term rentals, and HOA or lease rules may ban them, so check each property
• Some states require a real estate license for managing rentals for others, so check your state's rules
• Lodging or occupancy taxes may apply, so check who collects and files them
• General liability insurance, and check the owner's policy actually covers short-term guests
• Guest damage, bad reviews and last-minute cancellations can fall on you, and you may be on call evenings and weekends

Startup costs are estimated at typically around $500 to $5,000, depending on your software, supplies, insurance and how much of the team and equipment you set up at the start. Check insurance and permit costs for each property too.

Check whether your city limits short-term rentals or requires permits, and whether HOA or lease rules ban them. Check your state's rules on real estate licenses for managing rentals for others, who collects lodging or occupancy taxes, and whether the owner's policy covers short-term guests.

Monthly revenue is estimated at typically around $600 to $4,000, depending on how many properties you manage and your fee arrangement. The estimate assumes about 8 hours a week or more. You may be on call evenings and weekends, and guest damage or cancellations can fall on you.