In fact one of the themes of my posts is dissuading investors from over spending on entities and asset protection.

Try to charge them and suffer the consequences.

As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement. 

That complicates enough I'd consult with an entity/asset protection pro.I don't hold residential assets in LLCs unless partners got involved. 

They are not secured investments and you have very little protection outside of out right fraud laws.

Too many new syndicators think they can get away with skipping legal requirements—but the SEC isn’t playing around.If you’re raising capital, DO IT RIGHT:✅ Use a PPM & Subscription Agreement to protect yourself and your investors✅ Avoid general solicitation (unless using a verified 506(c) offering)✅ Understand accredited vs. non-accredited investor rules✅ File your Form D and comply with state laws🚨 Failing to follow these regulations could mean SEC fines, investor lawsuits, or worse.

It's comforting knowing that you have some sort of protection there. 

The other benefit to verify is if you have loss protection.

@Charles Evans Zelle and Venmo do not provide the same protections as a third-party rent payment portal.

Not a lot of protection.