I respect your concerns, Dana. I would hate to get stung 5x in a year. I often get the one stepped on, then start wearing footwear more for the rest of the summer, lol .
One of our parks had a display of housing for insects,cute and rustic, by stacking clay pots on their sides, and filling each pot with a different loose organic material for insects seeking shelter- sticks, cones, etc. I am not so sure the insects really care other than mason bees, which there has been alot written about, using man made items.
(excuse my lack of sentence structure, lol)
I have trimmings off last years garden left in various places, to serve as winter shelter, and will clean them up as spring gets the insects moving.
Dana you also raise a point- being insect friendly to only specific ones is pretty hard to do, I think. Another example being, we plant flowers for butterflies, but wasps and bees like them too, though I guess you can try to cater a little.
Then again, having more insects of all kinds should bring more songbirds, so there's that...
To the original question, I personally doubt the effectiveness or butterfly and, ladybug houses,mason bees have a lot written and may work,, they can be cute and make you feel like you tried.