how to create SET in Windows server 2022 hyper-v
New-VMSwitch -Name "vSwitch-SET" -NetAdapterName "Ethernet1", "Ethernet2" -EnableEmbeddedTeaming $true -AllowManagementOS $true
both of the netadapter should be up, means connected to the network.
No need to create network team in windows server 2016 and later.
on the physical server you will see the VSwitch with the name "vSwitch-SET" you can assign IP on vSwitch-SET so will be able to access the physical server remotely, and may perform some other tasks as well. But if you leave the vSwitch-SET without any IP assigned then still the VMs will be able to communicate. As the VMs will use "vSwitch-SET" switch but each VM will have its own IP and VLAN for communication.