Chris thanks for the great questions, and I hope I didn't give the impression I thought you where a 'crack-head' as you stated.

Sounds like a pretty easy way to get in over my head fast, but at the same time, it seems like an opportunity to pick up a property WAY under market value and there theoretically should still be plenty of meat on the bone.

At least 20 times a week I am shaking my head and at a loss for some of the stuff we deal with regarding guests. 

Just off the top of my head, I wouldn't feel super comfortable with non-US properties because properties in the US are held to HUD code (at a minimum).

Either you don't know why because you have your head in the sand and haven't paid attention to their communications or they are trying to hide things from you. 

Any pricing-related tool offered by the OTA itself (think of VRBO, booking etc) is there to ensure you are getting heads in beds at any rate possible, just to ensure they are getting paid. 

As a business, a judge will expect YOU to know all the laws and legal procedures.Make a minor mistake and the judge is unlikely to give you a break and may rule in the tenant's favor.The judge will see the tenant as a consumer and may give them a lot of leeway in court, even give them borderline legal advice.You are in over your head, not having the knowledge to properly handle this.

@Jay Hinrichs yes to my knowledge there are other states that changed regs.Off the top of my head.

Keep your head about you.Ask this question:  'What reasons should I walk away from this deal?"

Even thought we headed out at 11:15.