Not the typical LLC question

[Justin Silverio]

I've been looking through this forum a bit and noticed that there is some great information on LLC's and why to use them. Some topics have hit on my question but do not directly address it, hence, my post.

My wife and I will start purchasing RE properties and am deciding on the best asset protection strategy. Our RE strategy is buy-and-hold. I see a lot of people prefer LLC's for asset protection, but since this can get pretty expensive and labor intensive, is there another way? For instance, does anyone use a trust for each property and have an LLC as the beneficiary and yourself as the member of the LLC? What are the advantages or disadvantages of doing this over an LLC for each property? Does it have an much flexibility?