With that many partners I would suggest a LLC for the protection and know that your more than likely going to be getting commercial financing.  

I am trying to protect my investment and also be polite and courteous to these tenants, which is why I would like to give them options.

@Steven Torok - since an LLC is only a legal hedge of protection it doesn't offer any tax benefits since it acts as a pass through entity.You'll be paying income tax on any profits that your rentals show, regardless of what you do with the money (whether you buy more real estate or a Porsche).However, if you refinance the properties, you can often show a loss for each rental property after depreciation/taxes/mortgage/expenses.

Inspections are to protect the Landlord, not the tenant.

This gives you protection if you wind up in a lawsuit because of your connection to the property. 

I don't grumble about tenant protection laws here because they kept the rents low when I was a tenant, which is how I could save money to buy the property.

Something could happen to intensify that like geopolitical stuff, environmental bans, and the fact that it is now able to be exported by ship from the us hinging its price to a worldwide demand not just within the continent. 

I want to create entities to protect my personal assets from consequences of the real estate business.

It protects the buyer so they know they have a max out of pocket of $15k.  

They use escape clauses to protect themselves, not thinking about the distressed seller who at the end of the day will most likely be in a worse place if the sale doesn’t complete.This isn’t all wholesalers, but this is a lot of them, especially new ones with no money.