Short terms rentals, LLCs + Deeds. Advice needed

[Nina Nazarov]

I'm starting to rent out my granny unit as a short term rental. I have two units on the property, and live in one of them. Hello the beginnings of house hacking!
 

I want to buffer myself and my assets, and have been eyeing an LLC for protection. I'm reading that operating a short term rental through a LLC requires moving the deed to the LLC itself, and if not then the owners are still the holders, and liability falls on the title holders. Mortgage companies typically don't like to move title to a LLC, and I have a 30 year conventional mortgage.

Does anyone have experience with this? Will a LLC for the short term rental with the deed in my name protect me and my assets? Would defining the 'business' of the LLC make a difference, ie short term rental vs property management vs real estate rental vs etc? Does the fact that I have 2 units and live in one and rent the other sway the deed requirement?

Any insight is appreciated. Thanks in advance!