Understanding and monitoring your occupancy rate is key to maximizing earnings, as it indicates property performance and influences pricing and marketing strategies.

From monitoring assets to overseeing tokenized real estate transactions SMFL is embracing technology to bring about a new era of transparency and effectiveness.Initial glimpses of the proof of concept (PoC) showcase a wealth of potential.

They are monitoring what I do with the money, in the sense that they’re withholding a certain percentage of funds and requiring me to have inspections done, etc., as a way of ensuring that I put it towards a renovation and not just walk away with it.

I also live in Marco Island and believe some sort of regulation will help with the terribly monitored vacation rentals.  

I once had a tenant who started to become delusional / schizophrenic and started to think I was monitoring him through the Wi-Fi signal.

For many who might not necessarily be "looking" for more work they might not be investing in any kind of marketing and word of mouth is going to be the best way to find them.But 100% agree with @Corby Goade on this one, treat them like kings and queens because they are DEFINITELY worth their weight in gold. 

Having said that, I am getting much better at analyzing properties on my own and have a specific set of criteria a property MUST meet and perform enough due-diligence research that the chance of missing major red flags are getting smaller and smaller.And yes, as the overwhelming majority of foreclosures are either cancelled or "purchased" by the plaintiff (bank) and the limited inventory (at least in Hillsborough County) is often bid-up by neophytes or snatched up by large wholesalers and other REI firms that specialize in flipping C-class properties, there are few opportunities for us little fish.To keep myself motivated, I've been keeping a log of properties that went to third-party bidders (i.e. private buyers) which I could have bought had I been monitoring the auctions during periods when I was too busy to do so.

I agree that a paid monitored website for private transaction would be a boon to those involved.

With that said, a good PM is worth their weight in gold.

Don't know your area, but yes, a good agent is worth their weight in gold and can get you substantially more for your property.