How can we accept investors for our vacation rentals?

[Josh Coffy]

Hey BP family!

Last year, I jumped headfirst into vacation rental investments and now I'm into larger downtown building projects. I've experienced some enormous success in both arenas and now have attracted a good deal of other people who want to invest $25k, $50k, etc. through my vacation rental LLC.

Our attorney believes it would be considered the sale of a security, so it would be heavily regulated and close to impossible. 

I figured there HAS to be a way to do it and if anyone would know, it would be the BP community. Does anyone have any advice on accepting dollars from investors in exchange for equity in properties? :)

Thank you!