The key is to own the customer. Build a professional "book direct" website (using software like Smoobu) and use email marketing to offer past guests a small discount to book with you directly next time.

Yes. A dynamic pricing tool analyzes billions of data points—competitor rates, local event demand, hotel occupancy, and booking lead times—to update your prices daily. It will find revenue opportunities that a human simply cannot.

Insurance requirements vary significantly based on your location. It's essential to check with specialized insurance providers about commercial policies. We also strongly recommend consulting your local/country-wide regulations and your mortgage lender, as they may have specific requirements.

Use a "brand standard" for all your units. This means using the same core amenities (e.g., specific coffee brand, toiletries, linens), the same digital guidebook, and the same professional communication style. Your brand is your promise of a reliable, high-quality guest experience.

Compliance is non-negotiable for a professional. You must proactively subscribe to local city council newsletters, join a local STR host alliance (like a Rent Responsibly affiliate), and retain a local attorney to ensure your permits, tax collection, and safety standards are always up-to-date.