looking to start midterm arbitrage

[Anthony Butcher]

Hi,

I'm starting to do homework on midterm arbitrage. What are the rules and legalities when it comes to arbitrage?

I'm guessing I need to reach out to the county that I'm interested in, for there rules.

Do I need to setup an LLC?

Would rural areas be profitable?

Anything else I should think about?

So far I know I need to reach out to a hospital or recruiting agency or using furnish finder / Airbnb.

find someone willing to let me sublease their property.

i know I'll need to furnish.