Nicely stated Michelle.
To simplfy it for some it may be helpful to know your and follow city ordinances when setting up your short term rental property. In my city, there is a minimum age established under the their transient occupancy ordinance (Vacation Rental Regulations) which prohibits the responsible party of the vacation rental to be under the age of 25.
Our city agressivly checks various advertising vehicles for vacation rental properties in the area for compliance with city ordinances including Vacation Rental Permits, age, and TOT compliance (trans occupancy tax).