Memphis short-term
rental management.
10% fee. One of the lowest in Memphis.
LPS (Longstep Property Solutions) built the entire operation in-house, cleaning, maintenance, laundry, and guest support, so your property performs and your returns stay where they belong. With you.
Free, no obligation. Or call (901) 244-2911.
How much does Airbnb management cost in Memphis? Memphis short-term rental managers typically charge 15 to 25 percent of room revenue and keep the guest cleaning fee on top of that. LPS charges 10 percent of the full booking, room plus cleaning, with cleaning done by our own in-house crew and billed to the guest. Nightly pricing, guest support, turnovers, and Memphis City Code Chapter 5-44 permit guidance are included. Before you compare rates, ask who keeps the cleaning fee.
Your home, listed everywhere guests book
One listing, sent to every major booking site through Hostaway, our channel manager. Calendars, rates and guest messages stay in sync, so a night booked on one site closes on the rest. No double bookings, and no extra cost to you. Guests can also book your home direct on our own booking site.
- Airbnb
- Vrbo
- Booking.com
- Expedia
Occupancy that beats the Memphis market
Every booked night is revenue on the same home. Our Memphis Airbnb listings run well above the market average.
Memphis is not a vacation market. That's the opportunity.
Over 40 percent of our guests book within 48 hours of arrival, driving through on I-40 or I-55, traveling for work, or visiting family. We accept one-night stays, welcome pets, and keep turns under an hour, while competitors set two-night minimums and quietly lose that demand. Run right, Memphis is a steady, year-round booking engine.
What full-service STR management covers
One team for pricing, cleaning, maintenance, guests, and compliance. Nothing outsourced to a call center, and most repairs done by our own crews at cost.
Dynamic nightly pricing
Rates tuned to demand, events, and season with an algorithm plus a human check, so you catch the high nights and stay booked through the slow ones.
In-house cleaning + turns
We own the cleaning company. Guest-paid cleaning, our own trained team, fast sub-hour turns, and no third-party cleaning bill on your statement.
Same-day maintenance
On-staff technicians, not contractors. A guest reports an issue and we fix it the same day, often the same hour. No phone tag.
Listing + channel management
Optimized listings on Airbnb, Vrbo, Booking.com, Expedia, Google and our own direct-booking site, kept in sync through Hostaway, plus professional photography and 24/7 guest messaging.
Guest screening
We screen out problem bookings before they are ever confirmed, protecting your property and your reviews.
Permit + Memphis City Code Chapter 5-44 guidance
We help you navigate Memphis short-term rental permit rules and grandfathering signals before you list.
Commercial laundry
Our own commercial laundry handles fresh linens for every turnover, so your washer and dryer are not part of the operation.
Smoke + noise monitoring
Optional monitoring with four-hour ozone remediation that clears smoke without canceling the next booking.
Real owner reporting
Clear monthly statements with damage documentation and recovery pursuit, built on the same data we use to run our own units.
Everything we can do in-house, we do in-house
The reason the 10% fee works is that we are not paying a chain of vendors. We own the operation end to end, across more than 12,000 guest stays a year.
Our own cleaning team
Trained to our standards and on our schedule, turning units fast between guests. Guest-paid cleaning, done in-house, never a third-party bill on your statement.
On-staff maintenance
Technicians on payroll fix guest-reported issues the same day, often the same hour, not days later through a contractor.
Commercial laundry + remediation
Our own commercial laundry handles every turnover's linens, and four-hour ozone remediation clears smoke without canceling the next booking.
Who we work with
Self-managers who are burned out
Done with midnight guest messages and chasing cleaners and contractors? Hand off both the operation and the 2am texts and keep the upside.
Owners switching managers
Paying 15 to 25 percent and still getting third-party cleaning bills on top? Move to a 10% fee with the cleaning, maintenance, and laundry all in-house.
First-time STR investors
New to short-term rentals? We handle turnkey setup, design, furnishing, photography, and the listing, then run it full time.
What owners say
Their team is incredibly responsive, and their modern tech platform makes it effortless to track the performance of my rental units.
Jonathan and Andrew Glisson have been exceptional with communication. If you are an owner and looking for property management, I would highly recommend LPS.
Phenomenal experience and host. Will be back!!
Common questions
Why only 10% when everyone else charges more?
Because we own the whole operation. Cleaning, maintenance, laundry, and guest support are all in-house, so we do not need a fat management fee to cover layers of third-party vendors. The industry standard is 15 to 25 percent. We charge 10 and deliver better results.
Is Memphis even a good short-term rental market?
Memphis is not a vacation market, and that is the opportunity. Over 40 percent of our guests book within 48 hours of arrival, driving through on I-40 or I-55, traveling for work, or visiting family. We accept one-night stays, welcome pets, and keep turns under an hour while competitors set two-night minimums and lose those bookings.
What about Memphis permit rules?
We guide you through Memphis short-term rental permit requirements and Memphis City Code Chapter 5-44, including grandfathering signals, before you list, so you are not guessing on compliance.
What sites will my property be listed on?
Airbnb, Vrbo, Booking.com, Expedia and Google. Guests can also book direct on our own booking site, book.staywithlps.com. We run every listing through Hostaway, a channel manager that keeps calendars, nightly rates and guest messages in sync across all of them, so a night booked on one site is closed on the others. Hostaway is included; there is no added cost to you.
Do you handle setup for a brand-new listing?
Yes. Turnkey setup is available: design, furnishing, installation, photography, and listing creation, then full-time management once you go live.
How do you protect my property and my reviews?
We screen guests and reject problem bookings before they are confirmed, document damage with photos and pursue recovery, and run smoke and noise monitoring with same-day ozone remediation as an add-on.
Wondering if your place does better long-term? See long-term management →
See the proof, and go deeper
Real Memphis numbers and the rules that govern them, all sourced.
$196,519 in 14 months →
A real owner's results across 5 Memphis short-term rentals. Actual performance, not a projection.
STR permit guide →
Memphis City Code Chapter 5-44 permit rules and the pre-2023 exemption, in plain English.
What could yours earn? →
Type your address for a sourced short-term revenue estimate, right on the page.
STR investor guide →
How short-term rentals work in Memphis: permits, earnings, and the real cost stack.
Memphis market report →
Live Memphis rent, value, and short-term-rental data, updated monthly.
Compare managers →
How Memphis managers compare on fees, against our 10%.
Get a free STR revenue analysis
Tell us the property. We'll send what it could realistically earn as a short-term rental in Memphis, sourced and defensible, not a best-case projection.
Or email andrew@staywithlps.com. Free, no obligation. Brokerage License #266717.