I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions

It is widely recognized as a loss leader within the industry and those who are successful normally have a complimentary business such as a brokerage or a construction company that performs complimentary services.

For insurance in South Florida, I’ve heard good things about companies like Citizens and some specialized providers that focus on high-risk areas.

@Travis Marko There are several skip tracing companies out there.

There's little to no benefit to the owner and the person running the arbitrage is missing a very obvious, much simpler business opportunity- just start an STR management company and operate as such.

For the last couple of years I have been working from home for a very good company so I kept moving the financial goal posts because I wasn't miserable. 

That's a terrible story about the Tesla but think about the guy who's running that company.

These are self managed through my small STR management company.

Quote from @Rodney Davis: Has anyone done a deal with this company, Strategic Investments Partners? 

They tend to stay to themselves, not a lot of company or complaints.