Its the less aggressive model but it was programed into me from a young age, keep your business risk separate from the things that you need to live (home, car, food, etc.). 

The answer is always no.LLCs are overhyped, especially for people starting out with buy and hold and are not even running a real "business" (yet). 

Anyway I started looking at a different passive income business opportunity with a solid mentorship in place.

YOU are the expert in the kind of business you are trying to do.

I saw someone post in a group who I think is a schmuck brag about hitting a specific figure for their training and I just shook my head - like wow - this person is a great sales person and just steals the same lines from the business book about working hard and throwing out some slick slogans - but man oh man - when real estate gets hard people move to being a guru - just look at FB ads right now - many are not funds anymore but how to raise money, how to do X.

Quote from @Sanjay Bhagat: BP is not in the business of tracking syndication performance.

You can get a shorter, simpler one drawn up by an attorney, I know some guys use a nice clean 1 page doc, but if you're going to be doing a lot of business in Texas it's good to get familiar with the TREC forms.

In general, my overall feeling was that Doorvest is good if you're super busy and don't have time to really dig into real estate.

If I were in your position, I wouldn't worry until proof of the contrary because you should be ok if the business is running well.

The biggest challenge is finding a team you can trust that will run the business for you because its not passive at all.