I am supposed to enter the agreement with an LLC and I am wondering if I would be able to re-purpose an LLC that we set up in Ohio earlier this year but never did anything with.

This can be a compromise if not aligned with long-term vision.

If my wife and I own our own house which have appreciated well over 1 million, and I would like to use a 1031 exchange in order to defer taxes - I have these questions, let's assume we purchased it for $1 million, and it's now worth 2 million dollars and I lived in it for the past 3 years as my primary residence.1.

Anything you share would be great.

You have to handle the leads well.

The other option would be like what Tim said, split the cost. 

While they do eat into rental margins the larger profit came from the sale and the added rental profit was not worth the hassle of being a landlord.

I consider myself to be fairly educated but I have no clue what you are asking. 

Co-hosting could be locally based i.e. delivering towels, doing inspections, managing repairs and maintenance etc, or could be virtual tasks like communicating with guests and coordinating things virtually. 

I think an alien from outer space could be a wholesler in this country..