Full-Service STR Management
10% Fee. Best Rate in Memphis
We built our entire operation in-house — cleaning, maintenance, laundry, guest support — so your property performs and your returns stay where they belong. With you.
10% That's your management fee. The lowest in memphis
The industry standard is 15 to 25 percent. We charge 10 and deliver better results because we own the entire operation.
70% Occupancy
LPS portfolio average vs. 57% market average. Owners who give us full operational control consistently run above 75%.
85% Five-Star Reviews
Across 4,000+ verified guest reviews. Reviews drive search ranking. Search ranking drives revenue.
$80K+ Laundry Equipment
LPS owned commercial Speed Queen laundry equipment. Fresh linens every turn.
3x Page Views
Our listings generate over three times the page views of comparable Memphis properties. More eyes, more bookings.
12,000+ Bookings
Processed annually across our portfolio. We know what it takes to operate at scale in this market.
45-Min Turns
In-house cleaning team turns units in under an hour. Same-day bookings, no missed revenue.
10-Person Cleaning Team
On our schedule, trained to our standards, turning units in 45 minutes. No third-party markups on your statement.
4 Maintenance Techs On Staff
Guest reports an issue? We fix it same day. Often same hour. No phone tag with contractors.
$80K+ Laundry Facility
Commercial Speed Queen equipment at our off-site facility. Fresh linens every turn without touching your washer and dryer.
4 Ops & Guest Support Staff
Near round-the-clock coverage for guest questions and check-in issues. Fast responses, better reviews.
Ozone Remediation Ready
Guest smokes in your unit? We clear it in four hours. No canceled bookings. No air freshener.
Guest Screening
We reject 23.4% of problematic booking requests before they become your problem.
We Work With Three Types of Owners
Self-Managers Who Are Burned Out
You got into STR because the income looked great. Then you spent six months answering guest messages at midnight and chasing down maintenance. We take over the operation so you get the revenue without the second job.
Owners Switching From Another Manager
You're paying 15 to 25 percent and your manager is still outsourcing cleaning and sending you third-party invoices on top of their fee. We charge half, run it ourselves, and deliver better results.
Investors Buying Their First STR
You've run the numbers but don't know how to set it up, price it, or operate it. We handle everything from turnkey furnishing through ongoing management.
What's included in our 10% Management Fee
- Dynamic pricing powered by algorithm and backed by human intervention — we personally step in when we see upcoming vacancies instead of letting software react after the fact
- Listing creation and optimization with SEO-driven descriptions and photographer recommendations to make sure your property stands out
- Guest screening — we reject 23.4% of problematic bookings before they become your problem
- Near 24/7 guest communication and response coverage
- In-house cleaning at rates well below third-party cleaners
- Same-day maintenance from our four on-staff technicians
- Guest damage support — we document issues and pursue recovery on your behalf through platform channels, though outcomes are not guaranteed
- Monthly owner reporting with full transparency on revenue and expenses
- Turnkey setup available — design, furnishing, and installation for new properties
- Smoke and noise monitoring available as an add-on for owners who want proactive damage prevention
Memphis Is Not a Vacation Market. That's the Opportunity.
Over 40 percent of our guests book within 48 hours of arrival. They're driving through on I-40 or I-55, traveling for work, or visiting family. They often have pets. They need one or two nights.
That means your property has to accept one-night stays, welcome pets, and turn in under an hour so you don't lose the next same-day booking. While other managers set two-night minimums and lose half the market, we lean into the way Memphis actually works. That's why our portfolio runs at 70% occupancy in a 57% market.
I was self-managing two properties and spending 15 hours a week on guest messages, cleaning coordination, and putting out fires. LPS took over both units and my occupancy went up while I got my weekends back. The 10 percent fee pays for itself three times over.
Marcus T., Midtown Memphis
We switched from a manager charging 20 percent who was still sending us third-party cleaning bills on top of their fee. First full month with LPS our net income jumped and hasn't come back down. This team makes all the difference.
Jennifer and David R., East Memphis
I bought my first investment property last year and had no idea how to set it up for Airbnb. LPS handled the furnishing, design, photography, listing, and now manages it full time. I'm averaging over 20 booked nights a month and I've never had to deal with a single guest issue.
Chris W., Berclair
Free Resources
STR Deal Calculator
Run the numbers on any Memphis property using the same financial model we use internally. Enter your assumptions and see projected revenue, cash flow, and 10 key investment ratios scored automatically.
STR Insights: Monthly Market Newsletter
Every month we publish a data-driven breakdown of the Memphis STR market including occupancy trends, demand signals, and what we're seeing across our portfolio. No fluff. Just the numbers.
