The best bet would be to chat with an experienced attorney who can explain the exposure you face and talk you through the formation and operation of LLCs.

I'd love to connect and chat anytime. 

I would encourage you to at least chat with an attorney to ensure that you create and operate the entity correctly, since the will be different annual requirements for LLCs between different states.

If you ever want to chat about structuring, PM me. 

Hey Jennifer, I own a PM company in Denver and will happily chat through how we handle these kinds of issues/questions.  

I'd echo that building relationships with a broker that you trust is definitely key and this only comes from picking up the phone and chatting with them honestly about your goals.Happy to chat more – PM me if you're interested in brainstorming or collaborating!

I'm wondering whether your friend's next stop should be a chat with a lawyer or an accountant to find out if he or she has any recourse.

When I travel to our STR in Idaho, oftentimes I can't actually stay there due to back to back guests.The last time I was there to get the new cleaner all up to speed on process and where everything is, I ended up staying in and AirBNB that did just that in Spokane.I spent some time chatting with the hosts and they get a real smattering of people.

I would love to connect and chat more. 

@Thomas Wong I'm an investor in Albany, message me and we can chat and I can answer all your questions