Short-term rental managementfor 22%.

12-month initial term, with a 30-day notice provision for either side. The 12-month term protects our onboarding investment; the 30-day notice keeps you from being stuck. On exit, in-flight reservations are transitioned to whoever manages next (you or the successor manager) with full guest and access details handed off.

Our 22% covers Summit's own software stack — Hospitable, PriceLabs, and other tooling we run on our side. Platform host-service fees (Airbnb, VRBO) are already netted out of the host-payable amount, so they're baked into the 'host-net' rate our 22% applies to. Payment-processing fees on direct bookings are a separate deduction shown on your statement.

No monthly minimum, no revenue floor, and no owner-stay limit. If a month is slow, our fee is lower — our incentive is aligned with yours. Block the calendar in the portal for personal use whenever you want; owner stays don't trigger a management fee.

It's the host-net nightly rate — what you'd actually pocket if you were running the property yourself, after any platform-side discounts (length-of-stay, non-refundable, etc.). Our 22% comes out of that number, never off the gross. Cleaning fees and taxes aren't part of the equation.

Guest cleaning fees are applied to cleaner pay and laundry costs. Summit does not retain a markup on either. Cleaner charges, laundry costs, and any resulting variance are itemized on your owner statement.

Minor fixes that don't warrant calling a specialist — filter swaps, battery/bulb changes, breaker and router resets, basic caulking, clearing a slow drain — completed during scheduled property visits. Materials for those tasks are billed at receipt cost. We don't make money on maintenance; we make our living on management.

Repairs that need a dedicated service call, take more than ~30 minutes on-site, require specialized tools or a licensed trade, or involve permitted work are dispatched to a vetted vendor at their invoice cost. Anything $500 or above requires your approval before we proceed. Habitability emergencies (heat, hot water, water intrusion) proceed immediately with vetted vendors.

Onboarding is quoted per property based on what's already in place — smart lock, noise monitor, leak sensors, dispensers, listing photography, permit registration. If your unit is fully equipped, onboarding can come in at $0. If it needs a full setup, we'll scope and quote it before starting work. We don't upcharge onboarding; the management fee is where we make our living.

Routine work under $500 we handle and disclose on your statement. Anything $500 or above we contact you for approval before proceeding. Habitability emergencies are the exception — heat, hot water, or a water intrusion, we move immediately with vetted vendors so guests aren't in a broken home.

Yes — a $500 property reserve for routine expenses. It means a cleaner doesn't wait on you for a $12 mop head and small things don't stall.

Coordinated. We help you register with the City of Colorado Springs and stay compliant with STR ordinances. For platform bookings (Airbnb, VRBO) lodging and occupancy taxes are collected and remitted by the platforms directly. For direct bookings, sales/lodging tax collection and remittance is handled per the arrangement disclosed in your management agreement. Property insurance is the owner's responsibility; we recommend a short-term-rental-appropriate policy.

Photography and listing copy are part of the onboarding scope (quoted per property). Once live, ongoing listing tuning, calendar management, and re-pricing are included in the 22%.

Damage reimbursements pass through to you 100%. Refunds and chargebacks reverse the corresponding booking revenue and any associated management fee. All appear on the following statement so the math is auditable.