Hey Marko, I live in Las Vegas and have multiple STR here.

Las Vegas also charges $300 for a tenant.

From our experience My wife  ( Oregon WA agent)  and my Daughter ( las Vegas agent) I have referred a few to my wife and they have transacted but our sales points are north of 400k  and well above and many are relocating its not all investors..

I'm looking for a team to help manage my house and rent it out in Las Cruces.

It great that you have four properties and have done research to explore possible solutions.We are all work in progress.Listening to other successful investor stories, helpsLearning to "embrace" rather than to" avoid" is the way to go in networking, being "successful", real estate investing in general.Sheldon Adelson, billionaire, Las Vegas Sands owner, said "change the status quo....do things the way other people don't do them...then you'll be successful"Doing things the way other people dont do them, makes us contrarian.....but holding steadfast to sound investment criteria as Warren Buffet suggest (calm temperament) gets us through to success

Harden up, and have some cash set aside for things like this--it's just part of the business, and not quiet at the "Horror Story" level yet.It can get way worse.In the future, be careful when vetting possible renters.See some of the postings in this forum about renter vetting.As to your question directly, what you can and can't do, and the associated dates are controlled by your state, (and and maybe city) laws of the property address.Maybe posting the property state and city will help responses.Bend Oregon will probably be different than Las Cruses New Mexico, which will probably be different than many parts of New Jersey.Good Luck!

We also have a few casinos but I do not fancy us to be Las Vegas by any means.

A big mistake I made in the past was using a "Realtor" to help me find investment properties in Las Vegas.

Hello, I'm a real estate agent in Las Vegas, Nevada.

I don't think that properties in Lexington are inherently more/less risky than properties in Atlanta, or Las Vegas, or New York etc.