Everyday, I quickly analyze a few homes in my area to catch a great deal.

If things turn around in Calgary and things start going up again, I would consider picking up a flip or two and catching the rising tide, but it wouldn't be anything long term, just to add some cash in my pocket.

Airbnb / STR is illegal in most of Las Vegas, many HOAs don’t allow it (and they will report you to the city when, not if, they catch you), and in the few neighborhoods where you can do it, permits are required. 

We literally had appliances catching fire and shocking the tenants. 

@Sam T.I'm not a banker but I would imagine once you get one, maybe two LOCs, then the banks would catch on and start turning you down.

It's impossible for me to catch you guys up on it in a simple reply but neither of you are replying to the actual situation that exists here.

Act normal and wait for them to catch up on rent.2.

I miss living in Napa but that traffic has sure gotten over the top.. not like when I was there in the 90s PM me if you want to talk off line and catch up.  

I believe showing properties to be another method of screen potential tenants - whether it my PM or I.Individual shows can burn you out so I suggest, open houses on a Saturday or Sunday 11-4pm so you catch both morning and afternoon availabilities. 

Since HELOCs have adjustable rates they will often catch people off guard when they adjust.