@Michael PlaksStuff like this blows my mind but for everyone one they catch, there are 9 others who are getting away with it.

I would either do it right now or wait until this craziness blows over or settles down.....Good luck with your career choice, sounds like fun.

I also haven't done any detailed analysis so I might just be blowing steam.

Two investors can use the same lender and have totally different experiences.Your Loan Officer should be respectful, responsive, a good listener, and an advocate for your loan because your loan will be one of many going on that month for the lender and you'll want your loan officer to fight for your loan to make it through the process and push it along if it should face any hurdles.

Don't get me wrong, I'm a strong advocate for diversification so I'm not advocating for investing exclusively in real estate, however, if you look at long term returns, real estate far outperforms stocks when you consider the total return from income and equity from real estate.

Let me blow your mind a sec, and show you where you are lacking.

You have an antagonistic neighbor, and you didn't help your cause any by blowing past your "clear" certificate of occupancy limit of 12 with an AirBNB profile of 16 people.The only thing you can do is what others have suggested: Make sure you comply with all state, county, and local, permits and requirements for short term rentals, and understand where your neighbor is coming from and why.

Not an easy problem, I am a strong advocate of a free market.

Now to play Devils Advocate if you are listing a property in an over-saturated Buyers market maybe going live on an odd day to you avoid the noise of too many listings coming on at once will get you noticed. 

The fastest way to ruin a friendship is with money.Second - I would advocate your lender get a lender's title policy, and their lien would hopefully be the first lien against the property.