Also just knowing the area they are in to see if its worth pulling the trigger on.

As you can imagine capital starts drying up quickly "trapping" 20% into each unit.

This will trigger tax consequences!

All the remediation company does is stop the leak/repair the plumbing, remove any wet materials, dry everything out with big fans and then replace whatever needed to be removed.

On Kevin Bupp's podcast you mention getting sued, can you give a few examples of the kinds of issues that might trigger these lawsuits?

Just make sure you have a real investment plan laid out because it doesn't benefit you to pull the trigger just to end up losing money every month or losing the property because the numbers don't work.

We got lucky last 3-4 years renting it out .But it’s been dry for a few months now .. the attractive thing about STR for this property is we can go back there and stay in it .  

I relocated the tenants to an Airbnb for $1k while it dried out and the plumbing was replaced.

Just haven't pulled the trigger yet on any one course. 

Reviewing their product page it does appear the $25/month is base with the marginal $1/unit pricing after that. https://latchel.com/emergency/So more economical as the portfolio grows, though very curious Your XP once repairs are triggered since most after hours calls would be “surge pricing” for any contractor they bring in. in 15 years I’ve only had a few of the stereotypical “after hours broken toilet” calls, but I know that’s highly variable by location and property class.