but, if it comes to losing control over my house, i guess, i need to resort to it.Has anyone else faced similar problem? 

Be proactive and speak with players from the various channels.

If your standard STR is reimagining a hotel room, then these properties are reimagining a resort experience, and resorts have been around for a long time.

But I’m not sure if this could be a sign of further changes to come in an effort to funnel tourist traffic into the resorts.

If they fail to pay, then you should apply their next rent payment to the repair, leaving the tenant short on rent, and you start the eviction process for failure to pay in full.If it were a really minor repair and their lease is going to end soon, then you may consider waiting until they are out and deducting the repair from the deposit, but this should be your last resort.

I would use a 1031 in the last case resort since you have to pay taxes at some point unless you are going to take it to the grave with you and get the step up basis (so there is an exception if you are pretty sure you are on your last 5-10 years of life) which is not very practical due to the following.1) The 45 days is almost impossible to execute.

I'd start networking locally and connect with top players that are implementing student rentals in their business.

The solution was to stop renting 😁 As the saying goes don't hate the player. hate the game

If I were in this situation, I would save up a good amount of reserves and take advantage of you being an agent and get to know the players in your area; then, you can start doing house hacks on properties where you work and want to invest.

Most overseas investors that I have bumped into tend to fly to the city they are investing in quite frequently and really learn the players, the market and their investments.