It's always a little more challenging investing in out of state (I invested out of state for 15+ years) but you can still be successful doing it. 

Does anyone know where I could find this or a similar overview for property owners?

Definitely a little jealous as I love that area. 

Pull the vacant properties in your area and call the owners.  

Is STR insurance different from home owner insurance?

Just factor in a little time and effort to get everything squared away, and you should be fine!

The CHS market is still fairly hot and active, although it has a slowed a little in recent months.

I'll settle for a variation of this and give a little, but I simply pass on PMs who hand me a term sheet with 10+ different types of fees.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift.