So far, I haven't had any issues renting my unit.

The issue is the use of capital to buy a multi family for all cash only to receive a cap rate of 5.3%.  

All situations are specific to individuals.Our best wishes and empathy go out to those LA individuals and communities.It’s been about 6 years since one of our storage locations was flooded for about 4 months.  2 feet over the roof.  

Insurance is definitely an issue there, and will continue to be.

@Andrew Self there are attornies you can hire to resolve your credit issues.

Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.

This property is unique due to its layout and prime location.

Having a rock solid SOW can prevent many of the issues that arise during any project.

I do it manually (and keep in mind, it also depends on the state and location - VRBO does for some and not for others, Airbnb does for some and not for others) I know many folks happy with Avalara though. 

Having the tenant be responsible for something like the first $1000 of each maintenance issue, or $500 can be a big help.