LLC Question for asset protection.

[Kevin Leslie]

The wife and I have been looking to get into rentals for some time now, section 8, to be specific. I own a few online businesses and in negotiations to purchase another local physical business within the next month or so. I have been looking into setting up a holding company in Wyoming for asset protection and moving all businesses and future rentals into this holding company. From what I have read, most internet "gurus" suggest putting each property into its own LLC, 123 Main St. LLC, for example, and then placing this LLC ownership under the holding company. My question would be, is this a good idea, or am I creating unnecessary complexity in the business structure? I would much rather do it now before acquiring the properties than do it later.