The first thing they do is obsess over chasing leads.Without credibility, you will have a really hard time getting leads.Dress well, speak proper English, know your s&)t, have a website, that has a web presence, have a youtube channel where you educate your ideal audience, have an Instagram where you show your accomplishments, have a Facebook page with a ton of engagement, have a decent car, put a car magnet on it with your logo if you have to.

What should I include in the lease if I decide to do so (things like not being liable for any illegal web activities, download limitations etc)?

Whatever risk of getting demoted in the algorithm for them exists as well on the web. 

@Willam KuczmeraIf you decide to proceed with the distribution, the following IRS web page is a good resource for the rules and tax consequences. https://www.irs.gov/retirement-plans/plan-participant-employee/401k-resource-guide-plan-participants-general-distribution-rules

They do NOT have any web portals to be able to monitor or service your loan.

A simple web search for piercing the corporate veil will outline the Do’s and Don’t’s as it pertains to operating a LLC with this in mind. 

But as an out of state investor, I couldn't do AirBNB if it requires me to hand out key codes and to constantly gauge pricing and updating the web site etc. 

Surprisingly there's nothing easily found on the web.

I know your gonna say people can find that info out in the web, right.

As someone in a BP podcast once said;"people will google what is on the bandit signs in their area"So consider it being a second-hand approach to your web presence.