Las Vegas Casita Short Term Rentals

[Jon Satchwell]

I am interested in getting some input from other investors in Las Vegas. I recently purchased an out of state rental property, but I'm now looking to see what I can do to lower my housing costs (about $1300 a month with utilities). I have looked into house hacking a fourplex but they are all in areas that I wouldn't feel comfortable leaving my wife home alone. 

Short-term rentals really intrigue me but I know they're tricky in Vegas. However, I have seen that you can airbnb as long as you reside in the property. My thought was to buy a house with a casita or guest house to airbnb. I know there are rules and business license fees associated with this, but it could still be worth it. I'm wondering if anyone else has tried or know someone who uses this strategy, or if there are any other suggestions for other types of house hacking in Vegas.