We personally do this for the properties we manage! 

After speaking with our banker, a title company, my accountant, legal, and others, it was determined that the insurance companies are not fond of rental owning companies doing more than just owning and managing rental properties due to liability risks. 

Do you intend to manage the assisted  living yourself, do you intend to hire management, or do you intend to master lease to an established assisted living management company? 

Wait til we start talking about management software and call centers!

As far as what I learned, I prefer STR’s and managing it myself vs a PM.

Read my blog entry Risk Management for the Self Manager.  

For out-of-state STRs investors, is it normal for a cohost / property manager to insist on creating an OTA listing on their account to better streamline their systems?

What about mechanics, attorneys, bank managers, auto sales, accountants, insurance brokers, realtors and similar?

I am an investor, property manager, and realtor specializing in investments.

We told the property manager about this 6 months ago and  she addressed it with the Tenant.