Should I form a different LLC for each property I invest in?

[Ben Feder]

I will be investing in apartment buildings. I think while reading a real estate book a few years back, I learned that you should possibly setup an LLC for each property that you invest in, to keep properties separate and each as a business in its own. Not sure if I'm remembering that right. What are the pros and cons of doing this? Any point to do it or not do it this way? Thanks.