Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

From a practical viewpoint, I wouldn’t think the lender would accelerate the note, if the LLC were a single member LLC, you were that member, and it was treated as a “disregarded” entity for tax purposes.  

3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.

Also, you could also hang out at some local ice rinks where people take their kids to hockey practice!

As long as there is no "healthcare" being provided (medicine, baths, etc) then it's not regulated by the department of health.

For most single-state investors, a local LLC is the practical choice. 

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.

But that doesn't keep the regulators away.

Then there’s city regulations—some places heavily restrict short-term rentals, so you’ve got to check the rules.If you find the right spot and automate stuff (guest communication, cleaning, etc.), it can be profitable.

Educate yourself with resources like The House Hacking Strategy and practice analyzing deals using tools like BiggerPockets calculators.