Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

Does anyone have a recommendation for a great interior designer in the Denver area who furnishes Airbnbs? 

Maybe video the interior before and after work (not sure about the legality?)

New interior paint.

The seller said they re-did flooring, repainted the interior and added some other fixtures in the past year since they've owned it. 

Additionally, I modernized the interior and upgraded key features, ensuring the property not only looked better but also met the needs of tenants.

This is an internal accounting requirement  You can cut a check to any member as a drawing or return of capital, to them individually, that's not an issue. 

We worked with a couple of homeowners, worked with them to change the interiors, added a few amenities more in tune with the local tourism scene.

@Julien PayneCongratulations on leaping international real estate! 

That is how I got started.I also encourage you to listen to the Thanks for Visiting podcast because they are in your city.I hired an online interior designer and gave a per-square-foot budget.