Hi guys, I have been reading through the comments and would like to add that with Airbnb Subletting you should definitely have a moderate to strict cancellation policy at a bare minimum.
Remember you are tying up months of potential profit/bookings without any certainty. By adding a strict cancellation policy it will ensure you get some money back if a guest cancels on you.
If you guys would like to understand Airbnb cancellation policy or sublets in detail then here are our two sources we go by.
https://airbnbuniverse.com/airbnb-cancellation-policy
https://airbnbuniverse.com/airbnb-sublet
Devin & Sarah, Superhost and Bloggers