I also notice that @Gregory Schwartz mentioned Huntsville in particular—I definitely think that it’s a strong market for long-term appreciation.As for your concerns about investing out of state, I think an investment strategy that is as close to passive as possible would be best.A do-it-yourself approach—where you acquire a property, place a tenant, interview a bunch of property managers, and handle maintenance yourself—is going to be pretty tough to do remotely.

@Preston Dean Mentioned seeing the property.

Not to mention scams are so prevalent these days, it's stressful vetting all these companies and making sure my financial info isn't getting into the wrong hands.

Not to mention short sighted as you are now finding out.

Does the TL get 20% even though:- technically I am not mentioned as being on any team in the brokerage system and the commitment letter has the wrong brokerage logo- I have not signed any other documents/team contracts as the TL never handed me any to sign but was supposed to- my COI/SOI leads have not signed any buyer's/seller's agreements with me but may next yearDo I have to do an exit interview (even though there was no mention of it at any time or in the commitment letter)?

My agent also mentioned resources that could be of assistance for that. 

Like mentioned it's also beneficial to keep up to date with what's happening in the area your STR is located, and make sure the decision makers are aware of hosts and what they bring to the community.

Someone mentioned licensing above.

The section references age in many places, consistently mentioning the end of the year.

I guess not anymore.Lol, funny you mention that.