Our liability is no different than when we supply electricity (tenant could grow a couple of pot plants) or lodging (in theory, tenant could offer an escort service).We do make it clear in our lease that all connections to each unit's network are logged and that we would cooperate with authorities if required to so do.The electricity company won't ban you from going over "quota."

This article explores this, especially how local government continues to take even after the federal backs off. https://www.washingtonpost.com/outlook/2021/09/09/supreme-court-ended-eviction-ban-not-fight-against-evictions/The cycle generally goes like this:1.

Scottsdale in particular has been most aggressive within the Phoenix Metro about the “party ban”.

Cities like Seattle and elsewhere have already banned them as both short term rentals and they've always been illegal as long term rentals. 

Wow. Just saw the news. Not good for agents and landlords. Will the new interpretation get implemented? Do you think it will get reversed? Thoughts?

Unlike in Gatlinburg and Pigeon Forge, many cities and/or counties ban or limit nightly/weekly rentals to certain areas, an experienced and knowledgeable realtor will help you incrementally with all this. 

I'll advise you to look at your local laws regarding these types of rentals, as more communities are banning STRs, especially Airbnb or Vrbo.