This is going to sound pretty obvious, but if what you are looking for in your chosen market doesn't exist, you'll either have to change your strategy or change your market.

Wow, I am going to spend a lot of time poring over that exquisitely detailed update.

I have chosen to keep things simple and clean in my vacation rental.

This is the business I have chosen.

If you plan to invest out of state, it will be crucial to find a resourceful contractor in your chosen market to ensure success.

I don’t if that was vendor’s Decision or Opendoor chosen to fix half. 

Have you chosen a market to look into?

It could be regulated and in the short term would hurt the price, it is extremely volatile, but a lot smarter and richer people are poring millions to billions in it.

If you are a multi-member LLC, then the income, expenses and profits will be reported on a 1065 and a K-1 will be given to you to use on your personal tax return.If you are an LLC with an S-Corp Election or you have otherwise chosen to be taxed as an S-Corp, then you must pay yourself a reasonable salary complete with payroll withholdings, etc.  

In general, cities across the country have chosen to regulate short term rentals instead of outright banning them.