If someone injures themselves and sues, they will be suing the LLC and not you personally.

Aloha,I cannot speak to specifics of ChiTown, but all of the liability is on you if someone is injured or worse due to poor workmanship.

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

When renting units illegally you can go to jail if there is a fire and someone dies or gets injured.

I'm a contractor also, please explain to me how I'm going to gain financially from helping a fellow member with CORRECT advice that will benefit him in the future and keep him from potentially burning down a property, injuring someone or getting sued??

What if something happened and the house burned down, or worse, someone were injured or died in a fire in your house because you were nervous about the expense?

It helps safeguard you if your property is damaged (say by fire or storm), or even if someone is injured on your property. 

Then I got injured and had to have surgery, had my business partner show him homes.

The tenant claimed to have been injured during the work.

If someone injures themselves and sues, they will be suing the LLC and not you personally.