Even if we didn't renew the tenants when the leases were up or if they had their own renter's insurance policies, we felt it was a bit too risky.  

Take it with a grain of salt as safety is subjective.You could also ask your Realtor and property manager their thoughts and maybe next time they are in the area to take photos.

Typically, co-op's are less valuable than condos for a number of reasons such as supply/demand, lack of investor interest, older units, estate planning issues, financing and board policies. 

As an investor - if I was putting $125k down I would want title in my name and a clear title policy - so that is where I would have the issue. 

If your company were to manage the STR in CR how do you deal with matter of safety / home burglaries? 

Just make sure to look into the HOA’s financials, rules, and rental policies before buying.

I would talk first to an electrician as many do fire alarm and life safety.

@Jessica Seppo,Many people take the cost of an LLC and funnel it towards more insurance and an umbrella policy.

Like you we had 3 teams of two door knockers  2 for safety one women one man.. and we door knocked every NOD in our 2 mil MSA  all to boil it down to if we were very lucky to get 2 to 3 deals a month.. now we were a little different I only would buy very high equity deals.. and we leased back .. because as you state 99% don't want to leave.. 

Areas with expanding industries, infrastructure projects, and business-friendly policies tend to offer the best long-term ROI.Curious to hear—have you or your investors had particular success in any specific markets with this strategy?