by necessity.· Guest are short term, and potential damages are limited. · Damages can be deducted from credit card if necessary.· No smoking, and no pets rules can be instituted.· Security locks are installed, and security is changed before and after each guest. · Property is inspecterd thoroughly several times each month. · Book your property for yourself, friends, or family and you don't even have to clean it when you leave--just pay the cleaning fee.. Vacation Rental Math: CASE STUDY, Colorado: As a desirable vacation rental, your property rents for $695 a week in the Colorado market and is 75% full. (In this soft market, you normally lease for about $795 a month, with the house standing empty 6 -8 weeks a year.) Your vacation rental monthly income at $695 a week is now $2780 a month. You'll pay out of that $278 a month in additional expenses. Your net income is now $2502 a month. Figuring in the weeks it might stand empty (75% of the time) you are now at $1876 a month. Taking a 25% commission from that amount nets you a monthly incomes of $1407. Annual income will be $16,884.00... in a soft market! But wait... what if the following year the commission was reduced to 22.5%, but your home was 80% full? Your rental income is now $18,008 the second year. Did you follow that? This is your rental property in a soft market. And this includes 20% vacancy!These are real figures in Colorado. We have done this for 3 homes, for 3 years in different price ranges and various locations. For a ballpark idea, multiply the income roughly 3 times for Santa Barbara Properties. Better yet, call me for a Vacation Rental Analysis (VRA) appointment to get a better idea what is possible for your property. Or you may e-mail for an information sheet.Santa Barbara Property TransformationCreating a marketing plan for transforming a property into a vacation rental includes adding value, and marketing it to a specific market in smaller increments. You will market it in by-the-week units, rather than wholesaling a 1-year lease, as in traditional property rentals. It's like buying a case of Cokes at Costco, where each 12-ounce can costs only $.25. But if you buy through a vending machine the price will be a dollar (