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

Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this  for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties. 

Unless you need those funds right now, with a property manager you have what I describe as a win win.

.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.

Investment Info:Large multi-family (5+ units) commercial investment investment.

So, I’m curious how you are managing to find your deals, whether you are buying at auctions or via marketing direct to sellers.

The Property Manager usually does light cleaning and repairs between tenants.Recommendations or another way to think about this? 

But even being a Landlord and outsourcing that staffing via Property Management still requires someone to manage the managers. 

I find that depending on the market $300-500/mo are fairly normal and if compared to what you would pay with a single family home on some utilities, maintenance, and management, it's a good deal.

I'm surprised you can find a manager for 15%.