Rentals near Fort Sam Houston have also done well for me over the past 4 years with STR and we are seeing long term rents increase dramatically there as well.

There are other obligations to be met that I would recommend you have both an attorney help you as well as your accountant - both should be fluent in OFZ.Best of luck!

@James Wise The owner of Holton Wise Property Management (a very large very well respected property management firm in Ohio) has tons of examples of this on video on his website.

Make sure the host is financially very well off so you can sue them personally when they stop paying because your market outlays all STR or at least non-owner occupant ones.

Are you taking that from them as well?  

Meetup.com is a good resource as well.  

Because I had everything in place, it wasn't that bad, but even now, I always use property managers for my out of state properties (and a couple local one's as well).Second, You just need to search around for a property manager that meets your needs.

The property has to be in livable condition as well. 

To @Bryant Brislin point as well - you probably don't want to start anything without first confirming that this spot would be feasible for a national chain, or at least a local chain/restaurant that would be interested in the space. 

I have a good W2 income as well as STR income. 2023 is the first year I thought I could qualify for RE status as I am working as the property manager, handyman... (750+ hours) man I worked hard!