I have talked at length with CPAs and IRS people about it and it can cause you a problem.

Wherever you took your broker's class you should have ample study materials.If you are talking about your real estate agent's license in NJ (that is not a broker's license), you need to take the initial class at an accredited agency and they will give you all of the materials after you finish the 75 hours for the test. 

Can we set up a time so we can talk?

I already have proof of concept in Raleigh as Ive talked to multiple people (including the agent Im working with there) saying airbnb-ing rooms is a cash cow there. 

There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.  

If you get complaints, remind all parties that noise travels, they were warned to be quiet and respectful of their neighbor, and that repeated issues may result in removal.I have an apartment building where the downstairs renter can hear the upstairs neighbor talking on the phone when it's really quiet at night.

This is dangerous territory because you are talking about your family.

Happy to talk.

You could raise your deductibles on your existing insurance policies (consistent with any mortgage on the property) or talk with independent insurance brokers to see whether you can find a better policy. 

Please connect with me and we can talk!