More broadly any updates from locals about the political climate in Pittsburgh for short term rentals? 

All of that being said, if I get heavily into investing in my own projects and find myself getting away from the sales side, say in 5-10 years, I would heavily consider getting my brokers license to become an independent broker with no agents, so that I'm bound only by the more broad state laws as opposed to brokerages, which always have liability-limiting rules more strict than the state.  

Your high cash flow areas just mean more risk, when talking broad brush commentary.  

CarlinThat question is kind of broad.

- https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagram How a fully implemented asset protection layout might look. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structures ThanksCostinPS.

Do any of you consider the other side of the spectrum?

The spectrum of PM and their level of "good" is so broad.

People do what they have to do to survive and help their kids, and it is pretty hard to stay stable at the lower end of the economic spectrum, so I’m not sure I would use unethical here, but it puts you in a tough position. 

@Rafal Soltyseksuper broad questionanything more specific?

Note that CA does not recognize series LLCs, and has a pretty broad interpretation of what constitutes "doing business" in the state.