I believe this post summarizes this point quite well.

To answer your other question, yes I have LTR property that is doing quite well.Appreciate the forum etiquette lesson.

but I’m starting to reconsider .Eating the Capital Gains will hurt a bit but we can apply the profit made towards some tax debt as well and then apply more $ to our primary condo out here and get relief of the PMI.OR do a 1031 .However, most people say an intermediary is necessary .I need to do research on how much someone charged for a 1031 .

Whether it's Airbnb, VRBO, FF, Zillow, FB, direct booking website, insurance relocation portals, databases from MTR operators who get a lot of insurance/corporate leads, CHBO, etc.The MTR space is still quite young, unlike STR. 

So would you still serve the owner a “3 day notice to quit” even though they don't live there?

However, the pay or quit eviction notice I use specifically states that partial payments are NOT accepted unless there is a WRITTEN agreement to do so.

There are also quit a few orgs that help the tenants with their move in deposit if they do not have funds for the deposit.

I'm not quite sure what the last term means, but I'm confused about what you hoped to achieve with this post.

Rents aren't quite keeping up with the property value growth!

I decided to give it a try and it is quite nice not to worry about utilities and tenant issues.