Would I have to transfer ownership of my rentals to these LLC’s?

Not sure..you can try the rental tool and post the pdf to the forum? 

It has surfaced in the annual rents and vacation rentals.

However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.

We lent secured by a 20 unit mid term rental property.

I primarily focus on buy and holds in the short term rental space across CO and I have my first motel under contract right now. 

These areas have heavy rental markets so there is always some inventory and it is easy to sell and exit if you wish to.

I didn't have any other properties available to move his family into, and he didn't have any money because he spent $4,000 on this fake rental.

Hello,I'm reading Avery Carl's book "Short-Term Rental Long-Term Wealth" and she mentions setting up a designated business account and making housekeepers fill out a W9 and paying them through direct deposit or an online invoice payment platform.

A couple things you have to consider with rental arbitrage is that anything that breaks in the house is an emergency for you, but not your landlord.