The listing agent then splits the commission with the agent who brings a qualified buyer, and this percentage is advertised on the MLS for each property.

So the lease will be higher than the advertised rent, they will be responsible for minor repairs, they are responsible for obtaining the proper licenses and pay all the taxes for their business operation (If you don't do this, you will regret it one day you see a tax bill that you as the property owner who are responsible for), and they required to have a STR insurance policy. 

My deal details below.Location: Midwest, mid-size town with a number big and small companies, hospital, heavy summer tourism.

Just means they spend more on advertising.

Some locations landlords typically pay, some locations the tenants pay.I don't expect that a settlement to stop advertising commissions in the MLS will have an impact on leases, or sales for that matter.

I read that Brian Head is trying to increase their appeal and tourism so their regulations are vacation rental friendly and also the mountain stills offers plenty of summer activities.

you're way underwater.BRRRR IMO is tougher than advertised. 

Beware of some cross-border companies who have mortgage products they advertise as low interest rate.

If not and you're weary of dealing with this business you can always inform him you will begin advertising for a new tenant (which, of course, means there will be showings of the unit) and once a qualified replacement is found, his lease can be terminated.Sometimes when a tenant realizes there will be folks tromping through their place the bathroom "odor" suddenly evaporates.While you should not have to suffer loss of rent over all of this, life is too short to keep dealing with this nonsense.

Our tourism in the winter is almost nothing.