I've done that in 2-3 of the spots I have STRs in, with that said it made me learn some different areas I needed to protect myself in once I got in contact with the operators. 

or is it still possible to transfer the home to an LLC for asset protection with a quit claim?   

If not, at least protect your friends and family like other lenders would want to be protected.

That MMLLC would be a Wyoming LP to keep some ammoenimitty and another layer of protection for the llcs that own the properties.  

Partner with a friend to protect both interests, create an Operating Agreement, and focus on saving and preparing for the down payment and reserves.

The other issue is that you want to protect your personal assets from liability caused by your rental property.

If you are lucky enough to be accepted into his mentorship program, go to sleep soundly and know that you have someone in your corner that not only knows his stuff but will protect you and guide you always.

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.

You can use a channel manager like Hospitable to help manage the listing on multiple platforms - primarily you can protect against double bookings, but there are many other nuances to each platform that the program does not touch.

The numbers look OK, but I am worried about tenant protection laws in this blue state.