Create and LLC to collect rent when property I'd in my name?

[Benton Bell]

Hello BP. I have a question about getting started.

A little background on my situation.

I bought the house I currently live in with a 30 year FHA. My family and I may be moving soon due to a change in career. Currently the market here is depressed, so if I tried to sell it, I wouldn't get very much. I've talked to some people I know who want to rent my house. We've agreed verbally on terms, which I will put it in writing soon.

I've read several times that the safest way to invest in RE is via LLC, but I've also read that most places want to see 2 years of returns before they will consider giving a loan to an LLC. I can't transfer the house to the LLC because of the terms of my mortgage.

My question is: Should I start an LLC to simply collect rent from my personally owned FHA property in order to have a record of income in the future?

I'm brand new to all this, since this will be my first rental property, so I'm open to all ideas and suggestions. 

Thank you.