been there done that its how I used to do pre foreclosures out west before the laws changed..

Is it too much of a hurdle for the Local, Esq. to review the local law? 

Check the states laws- depending on the strategy, you may not have to register.

This is an example of someone violating law to make more money, and it could eventually come back to bite them.

Registering a Wyoming LLC as a foreign LLC in CA removes anonymity but retains stronger asset protection laws.

Also, make sure you’re talking to your CPA and attorney about taxes, investment structures (LLC, etc.), and local landlord-tenant laws.

As a company policy, not law.

My brother in law showed it to me when he put in a bunch of blinds in my rental cabin. 

- regional / drivable destination (I've personally rented out a bunch of Airbnbs here)- already established STR laws (while very strict, they have shown to grandfather in permits and haven't proposed a flat out ban that would also retroactively take away permits)- Fredericksburg also fights new hotels just as hard as STRs.

To answer your question yes its enough but in many cases it might be risky.2. location, room to raise rents, occupancy of property, local laws, type of investment are just a few topics that play a huge part.