It makes it much simpler to manage your rentals and it will also generate several reports automatically to help you balance your books.

If the property is not in your name, the umbrella policy will most likely not cover it automatically.

I don't want the lease to automatically go into a month to month lease as the landlord rights are limited in that case. 

Once I list a unit available for rent on PW our web site is automatically updated.And I finally got the Google Sync to work with PW.

While it isn't technically required, I was in housing court one day (for fun and learning) and I saw the judge automatically find in favor of the tenant because the landlord didn't use the county lease.The only thing I add to the lease is a clause that says the tenant is responsible for hoa fines that they cause and another that says the property is being delivered free of vermin and pests and in the event it needs to be treated for such, it will be done at the tenants cost.

I am working with a lawyer and according to him it may take significantly more time to get the tenant out because of “automatic stay” in effect.

You only care about verifiable facts, properly received in writing.You also need to keep (secured) records of all received applications and their results, so you have proof that you have been following Fair Housing laws by treating every application equally.Everything they said to you, based on your post, screams DESPERATION, if not outright lies, and would be an automatic hard pass.

It also allows you to automatically add a late fee if the tenant does not pay on a specific date.

The leads are sent automatically so that takes minimal time2.

I have the lock integrated with Guesty For Hosts and it creates all the guest's codes for me automatically.