Length of term? 

“What is the average length of stay for similar properties?”

This will tell you their vacancy rate and if it's in line with the local market.What is the average length of time it takes to fill a vacancy?

But they go thru the great length of unlisting the place so I think it rented.

I would be less optimistic about length of stay if this is not the first removal.

If your goal is asset protection please understand doing this provides no asset protection unless the LLc actually pays market price to you for the propertyA transfer without funds and even worse you paying the mortgage with it in an entity name is not an arms length transaction and commingling.

Anyone host who has been doing this for any length of time has been taken advantage of by an Airbnb guest in some way.

Once you determine that then you need to determine the returns you will provide to investors and the details of the offering.Make sure to have a cpa also review your ppm as well and tax advice in there since it can get complexThen finalize terms, length of offering, redemption rights, penalties, capital calls, fees, etc.

@Mary PastoralIf putting in a LLC mine as well get it created sooner rather than laterNote If the mortgage is still in your name, the LLC will do little for asset protection unless there was an Arms length transaction where the LLC actually buys the property.

You hold no equity because you don't own the property, asset island own's it and is arm's length from your leasing actions.