So that creates a pretty easy paper trail for lawyers to find if you are sued.Again, your decision and I'm just posting my approach. 

You should check with a lawyer what would happen if the STR guests are hurt in your property.

I would consult with a lawyer to make sure that's the case before investing. 

The city has high taxes and free lawyers available at the court house. 

I think your best is to keep reading and above all build your network reach out to local investors and ask what they need help with.I work with special needs kiddos and we often call investors, lawyers, etc. and ask them how we can create an intern program where we help them and learn the business at the same time.

I can't know this for certain, of course.Not sure if this is worth pursuing with a lawyer or chalking this up to a lesson learned (be very careful buying properties in a wet area with finished basements, ensure it is suitably water-proofed).

And if you happen to know a lawyer that’s adept at crafting these types of structures and agreements?

I'm also looking for a tax lawyer and accountant who can help me with my taxes and this situation.Thanks

I mean whats a lawyer going to do except bill you 300 to 500 an hour. 

The cost varies from place to place but I've seen anywhere between $50-100/month, and it’s a solid investment to keep your personal home address private.Second, consider having your lawyer act as your registered agent.