Do you mind telling me some of the resorts/timeframes that rent in the $19/1000 range?
It's an average based on 4 different rentals (5 GCs) I made via Airbnb in 2019. 3 at National Harbor and 1 at Grand Desert.
The highest I have ever gotten is ~$28.5/1000, when my son and his colleague stayed at NY45 for 8 nights and it was billed to his company (2x$275 per night). He actually stayed 6 more days on unbilled points but I am not counting that for this calculation. Anyway, he and his colleague had the best accommodation (2BR Presidential) while others from his company stayed at Hotels and Airbnb paying big bucks and got lesser digs. So, I am happy I had the Wyndham available for him. I wasn't on TUG and didn't know anything about rentals then. In retrospect, I could have made a killing accommodating some of those others at NY45. But my son was reluctant to push that at that time and I missed a golden opportunity to pay off several years of MF.
But recently my son stayed at Canterbury for 4 nights, billing 2 weeknights to his company but that got me only $350 for 36000 points. So ~$10/1000. Not so good. I think my son forgot the tax on top of the allowed limit of $175 per night. (I bet he made the same mistake in NY.) Canterbury costs too many points to be a good rental and very hard to get upgrades.
Grand Desert is a good location when LV has a big conference but there's way too much competition from other Wyndham owners and there are lots and lots of choices right on the strip.
I haven't really figured out this rental stuff, so don't go by experience. There are much more savvy renters out here.
I am not in the rental business and I don't have any resale points. I am not satisfied with just recovering my costs based on MF. I want to recover my capital costs too. So, I will try to rent at~$20/1000 or not rent at all. I am not going to join the race to the bottom. At least not until I face the pressure of too many points left unused.