Worst case scenario the oil makes it way into an aquifer, river, stream large body of water.

I tried very hard to influence my industry through my peers and regulatory institutions, but the truth is the whole thing is too disorganized and fragmented and political and greedy - I gave up and walked away.I don't know what else to say.

All i get from realtors is there body language if you not buying go away additude should i go else where,.

To be perfectly honest, trying to use artwork as collateral is going to be a on-off, can't really systematize something as wonky as that.If you wanted me to run it past an underwriter, I'm sure they would want a recent appraisal, done by an appraiser licensed by whatever certifying body licenses artwork appraisers.

It's a challenge to make it work in the Las Vegas Valley given the regulatory landscape.

It was rented to Fit Body Boot Camp and the guy was not able to pay since day 1 that we took over. 

I'm so sorry that you are having to learn on behalf of the property management bodies in the area your properties area located in;  it's like teaching an attorney how to do law!

@AG Gupt Thanks so much for sharing your insights - and you're absolutely right with respect to the regulatory creep in licensing requirements for wholesale transactions.

The numbers demonstrate that “the local and state regulatory environment remains friendly to short-term rentals” and that local regulations have “helped the industry flourish,” he added.

The counties make a lot of money from short term rentals via tourism taxes, so compared to other markets there is less regulatory concern.