If you do not - and there is a problem or lawsuit, etc - a judge may pierce the corporate veil since the LLC is not technically a living thing- but just a shell ( nothing happening, no usual business practice of annual meetings, etc).

Every year there are 1,400 TCPA lawsuits https://www.lexology.com/library/detail.aspx?

The property itself can be separated and held in either a LLC or trust to protect the asset from lawsuit and to identify ownership. 

The other room is an in-law suite.  

That's part of it, however, the problem is that these government offices are protecting themselves from lawsuits.

The exemption protects the homeowner from losing his home from lawsuits depending on the state.

I have a class action lawsuit against Scranton for its illegal rental registration fees and its illegal garbage fees so don't pay any of them.As they say, "Buy low, Sell high."

Why not file a lawsuit against the tenants? 

AIRBNB/Homeaway and some of these organizations should be filing lawsuits at this point.

By sending the money to you, you are commingling asset and in case of lawsuit the opposite attorney will tell the judge that your LLC is a sham and an alter ego as you receive the money directly.