Your conversion rate will still be 0.033% but at least it is automated.

I'm an investor in Los Angeles & currently putting my money towards possesion of lists for distressed properties & cold-calling this list with automated systems.

Hello,I am currently in the process of creating finance, accounting, and workflow automation solutions for real estate investors.

If you have no deal with them: At closing you should receive all security deposits and make sure rents are sent to you and not the PM either by tenants or by automated withdraws from the PM. 

(of course, some properties are clearly above or below the line, but many are in a gray area)If that weren't the case, you wouldn't expect different appraisers to come up with radically different values for the same home (they often do) and, in fact, you wouldn't even need appraisers as you would just be able to automate the process (you can't).So, given that an appraiser's personal opinion and bias will play into the equation, it makes sense that if you can bias the appraiser IN FAVOR OF a higher number, you should certainly try to do so.

Once you select a PMS, it's hard to make a switch later, so take some time with this decision but it will surely save you hours and hours of time in the long run since you can automate so many things with ease. 

If you just want 20yr 2MM non convertible term its price shopping except prices may change depending on how automated the carrier is and if a paramedical exam is required.  

You can automate your self and spend 15 minutes a week reviewing pricing in your market and adjust as needed.

Or is anyone aware of people utilizing custom automations which they've developed with a developer or on their own?

Let's just imagine a scenario where you only have one property, and you don't use any PMSs or apps like Turno, for example.Cleaning and maintenance: 4 hours per weekRestocking supplies: 1 hour per weekResponding to inquiries and bookings: 2 hours per weekHandling guest concerns during stays: 1 hour per weekCreating and updating listings: 1 hour per weekManaging pricing: 1 hour per weekFinances and taxes: 2 hours per monthInspections and minor improvements: 4 hours per monthTotal estimated time per week: 12 hours, more or lessTotal estimated time per month: 26 hours, more or lessIf you do use pieces of software to automate your work, it can be even less.