Those guest protection policies for most other channel managers are simply priced as a flat rate <$100 per stay insurance policy.

Furthermore, I conducted a research on the company and discovered that their representatives have diverse accents, possibility due to their focus on the European market.

You may discover the tenant can't afford the increase.

They CAN be if you are simply leasing to those businesses.

I’m beginning my journey into real estate investing with the goal like many of you of generating passive income and discovering financial freedom without having to rely on a “day-job” for much longer, so I can travel more and spend more time with my young kids/family.

It was done simply because I enjoy helping in my very limited way. 

Looks like many of their JV projects simply got foreclosed on and their investors got hurt pretty badly.

I would recommend them to get you set up for seeing all future bookings, the listing info and data, etc. and have them deal with it or simply ask them to switch their STR software to another platform specifically for those units under management...

These are things you can see on the front end before you even see the property in person.Red flags that you could discover later once involved in a transaction include difficult tenants and major issues with the property.I wish I had known to start sooner!

However in the future because  of how these things tend to go, I would not have called insurance or a remediation company, I would have just fixed it immediately before it got too bad then warned the tenant not to do it again (and to be fair to them it’s odd that simply hanging a picture would cause a major plumbing leak, the likelihood of that happening is so low) and moved on.