Questions about starting an LLC

[Derek Bleam]

Hi everyone, I live in Pa, and I was wondering about starting up an LLC. So I've read I have to start an LLC in Pa because it's where I reside, but I could create an LLC in a state, let's use Wyoming for instance, that would be the owning entity of the LLC that I would create/own in PA to protect my privacy and my personal assets in case of a law suit. Does anyone in Pa have any experience with this specific structure or can give me information on the best route to take. Would I have to transfer ownership of my rentals to these LLC's? Would both LLC's be filing tax returns? How would I set up business bank accounts? Does any have a good accountant that has experience with real estate LLC's? How can I get business bank accounts, business credit?
it’s a lot, but any information on this topic would be great, thank you.