Initial questions about rental property investment

[Tyler Battaglia]

1. Do you prefer getting an LLC for your property or to use an Umbrella insurance? if either other then why? Which is normally cheaper? and which is the safer easier option in your opion?

2. Do you think its smart to have seperate bank accounts for your properties? if so why?

3. I'm thinking about getting a convetional loan  and buying a multiplex unit and living there for a year. Then I will leave the property rent out my unit and then move onto the next one. Has anyone done this and if so what are your thoughts and advice?

Thanks for any help I recieve.

-Tyler