@Todd Kozak  The Federal FinCen new regulation called the Corporate Transparency Act (CTA) requires ALL LLCs/Corps to register by December 31, 2024. 

North Las Vegas has high demand because of its proximity to the Strip, but regulations can be stricter.

This lets you bypass the traditional bank financing with many rules and regulations.

Hope that’s kosher…You might also want to consider moving your notes to a servicer, thus you'll be in compliance with all applicable statutes and other crazy regulations spun up by Liz Warren. 

Regulated by the county of Riverside not the city, thus not subject to the restrictions.

Don't mess with the fire marshal...I know an investor in NB that got a warrant out for her arrest for not completing the punch list that a fire marshal created for her- it was a huge headache.Especially in buildings with more units, the fire marshals are much more strict.

I’m not sure what the rules,regulations, restrictions are for renting out basements, so I’d appreciate some input from people who have done this before

Mesquite is strict on code enforcement not allowing more than 4 unrelated parties to rent the same unit. 

Was it finding the right market, navigating local regulations, or building a network?

Things to watch out for, especially in terms of regulations, costs, and management?