First STR ... Liability Question

[Sarah Hylander]

Hi there! We are ready to buy our first STR, a bit nervous but mostly excited! I am sure this has been covered, but I still need to ask … how to we protect ourselves? Financing as a 2nd home, so do we create an LLC before purchase or after? Or does homeowners insurance cover most issues? Would love to hear your thoughts, horror stories, suggestions … thank you!