Separate accounts for each property

[Colin Williams]

I read on another post someone suggesting using Ally Bank fire their accounts for each pretty because they offer "buckets" within each account to keep track of funds.

I was wondering if there is a particular financial institution that people prefer and why? Do you open a new account for each property? Or do you group some together within an LLC and separate everything in spread sheets? Do you use one bank or credit union for all of your accounts?