Appreciation:You're absolutely right that cash flow gives you the flexibility to cover operating expenses, deal with vacancies, and manage surprises early on.

@Willis Yoder, I don't like this question because it operates in a vacuum.  

This could involve hiring local property managers to handle day-to-day operations.4.

Do you think the county made an exception for these, or perhaps are they operating non-permitted?

We don't bash your stripped down, bare bones, operational stance with blind rage.

Happy to talk about any aspects of PM from both the ownership side and as a PM operator side if you think it would be helpful, but I would want my PM to use an attorney and I would be happy to pay it. 

JD also manages a co-hosting company that handles all STR operations for owners.

Im not here to be the next best real estate poster, I’m here to make sure everyone knows who Ash Patel is and how he operates.  

Please work with an experienced lender to help you understand the right loan products.There is an operational cost to raising rents that does not seem factored into your process. 

Nevada State Bank allows Child LLC accounts - I have had mine open & operating for about 6 months ow.