Also you can save a lot of money if pm has their own handyman employees and do not need to sub out all repairs. my experience is that STRs outperform LTR by enough to cover the PM fees, utilities, and additional furnishing costs but not much more.  

Do I have to pay an employee a mgmt fee (myself?)

My pockets are not deep, and I am a W2 wage employee part time RE investor.

The bankers involved got together to create it.Are the people at the Fed government employees?

I would structure the lease as a corporate lease to the company, if the company wants the lease in the occupants (employees) name make sure to get a letter of responsibility from the company stating that they're financially responsible for the rental agreement. 

It's really more fortunate than unfortunate when you think about it....a landlord invests money, that stimulates the local economy and hires contractors and their employees.

I am a full time employee with little kids.

One of my clients was a W2 employee before starting nursing school and she bought a home prior to quitting her W2 job so she still qualified.

There is a HUGE difference between investing in a Meta/Facebook employee and investing in a project for which a Facebook employee is doing 'investor relations'.

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