It's strictly a STR property in a coastal area next to the water (3 homes in the same lot with a pool) and the AIRdna data shows a lot of similar properties anywhere from 30-50% occupancy, anywhere from $150-500 per night.

The city has a strict no short term rental of any kind till the property has been re-inspected even if they have an existing license.

House hacking for appreciation and then leverage the property is one strategy versus looking to strictly cash flow.3.

Form an LLC that you use strictly for wholesaling.

I don't know if I have much to offer, but I know Vegas is pretty strict about AIRbnb and only certain parts of Vegas are allowed to do it, so I'd make sure you really look into that to even see if you can legally do it. 

We have some strict laws around me in certain counties so it will depend on where I buy.

Welcome @Robert StibliI think Short Term Vacation Rentals can be incredible profitable, but I caution you to do some research on the STR regulations in the area you're considering.Local governments are being pressured by large hotel corporations to implement strict regulations.

For example, does this need to be made public and will impact by DTI as it appears to lenders or could this be strictly structured "offline" between me and the other party?

Most companies I'm aware of that hire fresh licensees with little or no experience are pretty cutthroat and you'll be making a lot of calls and have strict numbers to hit.

Note that the section you refer to doesn't strictly have to do with the St.