What type of insurance do they have that allows them to run that business and why couldn’t those of us with Airbnb’s do the same with a separate agreement?

If you are in competition you have a website.Name one reputable business that doesn't have a website!

I know nothing about the area, but that's a tiny square footage for a 3 bedroom.

Data and the political (and overall business) environment plays a huge role. 

Yes, you can own the company and it can do business in the US.

I am now focused on rebuilding my business and running an ACTUAL business instead of a cool hobby that I tell my friends. 

We've worked with many property management companies to place them with VAs to handle a lot of the admin work in their business with good success.

I am currently working and fully cooperating with the Mississippi REC on becoming compliant in every aspect of my business.  

The tenants we typically get under this business model tend to be workaholics and they rarely complain about much (so far) so I haven't had any issue.

I have found it hard enough to get 1 line of credit, let alone 2 on the same business. 2nd line would need to satisfy the 1st for the lender to give it to me.Thanks for the ideas on equity partner - will be the path that looks most promising!