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31. Loading the MP Host with one click as an Ableton preset in Ableton Live

Additional to the MPH presets and Favorites, you can save the MP Host, while having hosted the third party plugin you want to use, as an Ableton preset and load it with a single click.

See the video here

Can I rename a plugin in Ableton?
There isn't a way to change the names of plugins in Ableton, however if you place the MP Host inside a rack/group (Instrument or Audio Effect), you can rename the rack to anything you want and even save that rack as an Ableton preset.

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Expand the rack

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This will appear in the user library in Ableton and you can load it directly in Ableton from the User Library.

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The same principle applies in other DAWs if the DAW allows to save presets.