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.

In those cases, the main criteria we add to our lease is that everyone that comes to stay there must be subject to a background check paid by the company.

@Kim LeduffIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

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. 

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.

These are self managed through my small STR management company.

There are not many companies vertically integrated that take the financial risk on the front end. 

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

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