I've had airplanes in LLC and with my name on the registration. It wasn't much bother to have a Delaware LLC set up, but as stated, when your vacation rental burns and kills 50 school children in it, I suspect your best savior will be really solid insurance, and not the registration issue.

But, I recommend the LLC for other reasons. You can sell shares of your entity to others without sales tax, and with a bit of clever slight of hand, maybe to outright transfers.