California owners, should we increase our coverage, which should result in higher premiums?  

Sounds like with are under charging our owners by thousands of dollars or they are trying to rip you off.

However when my tenants move out I will also use the Mayistay APP and let my fellow owners and landlords know what I thought of the tenants.

I wish all the STR owners luck.

I’ve built strong relationships with agents, contractors, and other investors in the area, and one of my contacts informed me that the owner was considering selling but hadn’t listed the property yet.

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

The owners refused my advice to reduce price and they both sat vacant for months.

Property owners can apply for an STR permit now, before the effective date of the new plan, and can operate thereafter (i.e., be grandfathered).

While it might feel like an extra charge to tenants, these packages often provide value that indirectly benefits the property owner as well—like reduced maintenance calls or ensuring the property is better protected.In my experience managing a large portfolio of properties, these fees are becoming more common due to the thin margins in property management.

California's SB 721, known as the Balcony Inspection Law, requires multifamily property owners to inspect exterior elevated elements (EEEs) like balconies and decks.