It has 4 luxury cabanas a suite, restaurant, bar, swimming pool with jacuzzi and swim up bar. 

Some states may even bar you from doing so completely putting you at risk of criminal and civil liability.

Larger government laws overrule smaller ones.Anyway, this page from the Ohio bar says you can put it in the tenant's name: https://www.ohiobar.org/forpublic/resources/lawfac...It's sounding like "keep the water in the owner's name" is common practice people think is actually required.Edit: I'm obviously not giving anyone legal advice, I'm just an accountant raised by lawyers, so I'm persnickety about this stuff.

You want to have someone representing you and helping you navigate the transaction.

Walk area on google street view. look for bars on windows, what type of retail? 

Having a meeting of local investors tomorrow at 6:30p at Bar Louie downtown.

And one of my friends had a realtor cancel her open house because the day before he was at a house he had just purchased and his two year old squeezed between the burglar bars on an open patio door, fell in the pool and drowned before anyone noticed.

As you try to navigate through uncharted territory to find your niche, identify your desired outcome and work back from that on how you'll get there. 

I'd look at properties that would work well for "entire space" listings - close to sites and attractions, safe area, bars/restaurants nearby, etc.I expect once our AirBNB listing becomes more seasoned, we'll be clearing our mortgage by well over $1,000/mth - providing more cash to fund future real estate deals.

My leverage on it will be extremely minimal;  one years' income would currently cover 4 years of carrying costs, and barring something like an atom bomb, I see no reason I wouldn't go into year 7 with at least 2 years income stashed.Since this isn't my "bread and butter" type of work, I just don't have the years under my belt of following the industrial market here.