Also, 30-day notices are typically legally required to cover the regular term of the corresponding contract.

I'm looking for stress free investment with long term tenants.

Current lease term (expiration date, month-to-month)7.

The intent of these units are for short term rentals. 

For the purposes of rental property management, a "broker's license" is required in the state of Tennessee.Question: Is a "broker affiliate" (or "...Associate" I think is the term in other states) license the same as a "broker license"?

Regularly evaluate your properties' performance and consider diversifying your portfolio, having adequate insurance coverage, and conducting thorough due diligence before acquiring new properties.

So excited to have my first property and I plan to hold for the long term.

You may want to consult with an insurance agent to understand the impact on liability coverage.

Lenders will allow up to 65% CLTV on a short term loan.

Did you sell, did you just continue to rent and accept fines/penalties, did you shift to mid term or long term rental?