I would recommend you install noise sensors so keep a tab on guests and collect CC information from every guests.

Maybe meet with other investors and see if you can find someone to partner with to be your eyes and ears on the project.Is this area considered desirable, given its location between Milwaukee and Chicago, and proximity to Lake Geneva?

However, make sure to communicate any noise policies to guests to maintain good relations with neighbors.Pricing Strategy: Research similar properties in the area to set competitive pricing.

Ill put the questions I have below and if anyone has any answers or advice, I'm all ears!

Anyone that has their ear to the ground see any short rental restrictions in the works for this area?

You ignore the noise and move on and run the company and they feel what they did was in the best interests of the company and owners.Everyone said the same when the original owner sold… Remember it’s the people and community that contribute that make or break your experience.

The most relevant exceptions are the last three above in bold.Theres a lot of noise about the topic and its very confusing but the above are the actual rules atleast regarding conventional fannie/freddie financing. 

Let me know what you think - I'm all ears!

Use your common sense and critical thinking to eliminate the "noise" (wrong/not practical information).

I think if you were sharing walls or in same house, then certain quiet hours in lease or noise restrictions can help prevent some issues.