Art Studio Questions -- Commercial Property?

[Kendall Vrana]

Hello again-- 

Huge thank you to everyone who responded to my last question.  Have a trickier one today, I'm very lost, so thank you in advance for your advice! 

My husband and I own a quadplex in GA. Three of the rental units are rented out, but our fourth rental, a furnished 1 bedroom, is becoming vacant in February. After seeing a high demand in the area for studio rental space (photography, sketching, etc.) we have decided we want to pursue opening an art studio in this space. I have a 5 year background in the photography/modeling industry, good contacts in the area, and a general idea of what is needed in studio space. We have two prospective plans on how to use this space: 

Option A: The studio would be rented out for a monthly rate to a 2-4 resident artists only. 

Option B: In addition to 1-3 resident artists that rent the space monthly, also allow day-renters that can rent the studio for a higher premium but less commitment. 

This is the research we have done: 

-- We already have an LLC under which we can file the company.

-- The unit is zoned specifically stating art studios permitted. 

-- We have a solid business plan moving forward. 

We have never taken on this sort of project, and our city does not allow short-term vacation rentals. What can I do moving forward to make sure all of our bases are covered, and that this is a legal venture?