I am looking into cities that are favorable from a regulatory standpoint and a ROI standpoint that might be good for Airbnb.

The city of Omaha is currently going through a push for more regulatory oversight from certain interest groups in the city.

@Dean Fiacco - for point #2 you may want to consider a joint venture which helps you to avoid the significant fees associated with setting up a syndicate and it is also less onerous from a regulatory standpoint.

It would be interesting to have someone who knows about regulatory law weigh in.

Its a market/regulatory problem.

Too many soft costs and too much regulatory burden.We'd also be happy to meet sometime if helpful, our office is in Southern, NH.

I can say, no one is wholesaling an REO property from my portfolio with the amount of regulatory oversight i have to deal with on a state and federal level.

In that case your S-corp setup collapses, along with your tax savings.Besides, you will likely have a regulatory problem, because only individuals can be licensed as agents, not corporations.

They're catching some flak in upstate NY, but the regulatory environment there is significantly more friendly upstate than in NYC. 

I would not go too slim on the margins, or you can easily find yourself negative for the year.Fortunately, there have been some regulatory revisions this year to how assessments are be done, which should give us some relief.