I think you misinterpreted my statement: without insurance if someone trips and falls and sues, or just feels like suing the original poster - if there is no insurance in place the owner is responsible

Not sure how Las Vegas operates but when I get a code violation of any sort I get certified mail delivered to my personal house and multiple other regular mail attempts. 

I also have a great wholesaling contract written by a real estate attorney if you need one.Please feel free to reach out and we can connect and chat about your journey thus far! 

Already talked to the Warren County office and they said it's a 3 month process to get STRs approved but in general the process seems to be pretty straight forward if you aren't in a HOA or in town.I have a property in the area that is a smaller 2bed/1bath that does really well and I feel very comfotable with the 3 bed numbers, but once we get to the higher range properties 3-4 bedrooms and properties that I would consider to be luxury stays for large groups, I am finding it hard to make the numbers reallyyyy make sense at a $300 ADR.

I like to be up front - personally.

While I’m not personally the pot police if there were actual police reports regarding this or if I saw proof of it at the property I would immediately begin terminating the lease.

The number of bedrooms for STR has to match the number of bedrooms cited in the septic permit, so you are seeing homes with 7 BR now have a 10 person STR occupancy limit and some homes that had bedrooms added without permits now being restricted. 

Personally, I believe there are much better ways to invest in RE, even with limited knowledge or bandwidth. 

I feel like I am over reading into this, but I just want to do my diligence.Bonus question: This property is not subject to the Rent Stabilization Ordinance (RSO) and is not built in an Unincoporated area of Los Angeles.

Feel free to reach out if you need more insights or just want to chat about the market here!