A “deed of trust” is a mortgage instrument but does not convey ownership.  

I plan to manage all of the back office functions (marketing, bookkeeping, booking systems, online guest relations etc) from home and hire 2 on-site managers to live there and work 9-hour per day shifts.I plan to automate check-in/out and use door codes, automated greetings, etc.Does anyone own a hotel, motel, or large hospitality property and not live on-site? 

We also install the Schlage Connect internet ready, automated keyless entry doorsets.  

They did all of the leg work (developing SOPs for my business, recruited and trained the VA, and monitor the VAs work), and really felt like I had an automated workforce.

If the transfer results in a permitted change of occupancy type to an investment property, such change must not violate the Security Instrument (e.g., the 12-month occupancy requirement for a Primary Residence), andThe Servicer notifies the original owner or natural person that the Mortgaged Premises transferred to an LLC/LP must be transferred back to the original owner or natural person prior to any subsequent refinance or modification application to meet Freddie Mac's underwriting requirements.

Cost-effective: Virtual assistants are more affordable than full-time employees.Time savings: Delegating tasks to a virtual assistant frees up your time to focus on core business activities.Scalability: Virtual assistants can handle increased workload as your business grows.Expertise and efficiency: Property manager virtual assistants specialize in property management tasks and can handle them efficiently.Enhanced customer service: Virtual assistants can provide prompt and reliable service to tenants, improving tenant satisfaction.Flexibility and availability: Virtual assistants can work remotely and be available during extended hours.Streamlined operations: Virtual assistants can automate repetitive tasks and implement software to streamline your operations.Focus on growth and strategy: With administrative tasks taken care of, you can concentrate on strategic planning and business development.In summary, hiring a property manager virtual assistant saves costs, time, and effort, while improving efficiency, customer service, and business growth.

Cozy handles it as one account so if your lease reads that charges for late rate and repairs will be deducted first from any payments (as it should), they will still get the automated late rent charge since the entire account is not current. 

But, quick search on "transfer on death deed" it seem to work like any other TOD instrument. 

Automate as much as you can at your property, and have a thorough self-help guide available at the property.

Like all deals, as long as you learn from your mistakes by mitigating risks and elements which are counterintuitive to your deal, along with firm follow up and streamlined automation, you can have a less hands on approach only if you delegate your disposition correctly and communicate  effectively!!!