And I see you're located in Texas.

Before you spend any more energy or resources on this endeavor explain the precise fear that has you wanting to transfer this property to an LLC.

What is their incentive to pay the rent at a location they are not living in?

The numbers don't make sense to me, based on their descriptions.The most dubious is "First page search impression rate"Airbnb defines it as the percentage of time your listing shows up in the top 10 results when a guest searches for a location/date.I have 30 listings in a market with 20,000+ homes available, and they all have a "First page search impression rate" of 40-60%. 

We managed to navigate it, but it was a lesson in the importance of understanding both federal and state regulations.Given your location in Boston, Massachusetts, it's especially pertinent to consult with a qualified intermediary or tax professional familiar with both federal and Massachusetts state laws to ensure a smooth exchange process.

Purchase price: $175,000 Cash invested: $65,000 Sale price: $315,000 This was our second flip project located in Sacramento  Congrats Aaron!

Form an LLC where the property is located or where you live.

Take a look a look at the RPAWi. org, which is our local non-profit landlord association located in Milwaukee.

Happy to talk further on the area (we are large enough to offer options to focus on student rentals/UW Madison campus, and anything from Class C to A locations or suburban/surrounding communities) but to help you consider broad initial search, you could start by deciding how important cash flow is. 

Many nationwide lenders can fund deals regardless of location and often have competitive terms.