I have renter’s insurance for significantly less than that because I don’t have $100k of assets in the apt.

They are one of the only mortgage companies I know that consistently loans on very low value assets like that.

with over $50,000,000 under management I can tell you that on average B & C class assets with $650/mo-$1k/mo in rents per unit are gonna eat up about half your rental income to operate on an ongoing basis.

Does anyone have any experience or advice on PM software that can handle vacation rentals as well as yearly lease rentals, storage units, etc?  

In my experience, investors do not sell performing assets.

The anti-fraud search software ubiquitously used by the mortgage industry often isn't run until a day or two before closing.

I love marketing/technology/software, and I enjoy the idea of doing deals. 

PAM---Pam Blanco  Property Asset Management.Address: 2201 N Collins St Ste 240, Arlington, TX 76011Bobbi---Wilco in Fort Worth...Address: 3500 Hulen St, Fort Worth, TX 76107---Trend  Address: 204 S Main St, Keller, TX 76248---Renters Warehouse....Address: 5304 W Plano Pkwy, Plano, TX 75093

I would increase vacancy and Capex to 12 to 15% and plan on losing 20% to 30% of asset value.

This is such a great opportunity and a  GREAT potential wealth building asset.