How to Read Your Owner Statement (and Spot Red Flags) Must-have linesOpening/closing balance (cash reconciliation).Rent/ADR & occupancy (by period).Itemized pass-through invoices (cleaning, linens, maintenance).Management fee (fixed or %), taxes, payout date.Red flagsVague “maintenance” with round numbers, no invoices.Cleaning fees that don’t correlate with stays.Negative...