However, I've heard talk that with a smLLC where you self manage or something similar, there is less protection or none because in the end its all "you." 

I was wondering if people create a LLC for each individual rental property to maximize protection or do they put all of the properties under one LLC?

We are not looking for any asset protection or liability from the LLC since title/deed/mortgage/insurance would be under our nameAny thoughts, ideas, or responses would be greatly appreciated.

If you purchased the house in an LLC for asset protection or to limit liability a personal guarantee may well be a big deal.

@Reid SchielerAlso do you want the business for tax purposes or do you want it for liability/protection?

Basically the reaaonsbto have an llc are twofold: either you are looking for credibility or asset protection or both.If you have an llc you will look more professional to others.

You may need that level of protection or you may not.

Such structuring needs to be both established and used properly in order to provide the desired asset protection, however, and it is best to consult with an asset protection or corporate entity attorney.As to whether this is a recommended strategy... it depends.  

When they see that the title has been taken out of your name, they don't care if you're moving it into an LLC for asset protection or if you've sold it to some third party investment company.

Real estate is anything but typical, and the focus is either asset protection or tax savings.