Want to try STR arbitrage in Vegas but live in California

[Ashley Richardson]

I'm interested in rental arbitrage and wanted to start off in Vegas since it's a cheaper option than Los Angeles. However when I look up the regulations for Las Vegas I see that it's only allowed if owner occupied.. Is there any way around this or should I give up on Vegas and have an STR somewhere else?

[Jay Hinrichs]

Quote from @John Underwood:

Quote from @Ashley Richardson:

Quote from @John Underwood:

How are you going to be able to check on these properties weekly as a good PM would do?

 Vegas is not that far from Los Angeles.

 Oh yes it is. 

It's 4 hours away.

I would never hire someone to manage a Vacation rental that was more than 30 to 40 minutes away.

there will be a high speed train shortly..  well shortly could be 10 to 15 years from now :)