Operational property management question

[Christopher Rush]

Hi all,

I've got two questions that I'm trying to answer and I haven't seen it outlined in any texts. First question would be and I believe I know the answer but each property would go into its own LLC for asset protection?

Second question would be related to the overall operational aspects of the property management. For example say you have 10 single family homes spread throughout the United States. Do you have a checking account for each home that is tied to the LLC? Or do you have an umbrella bank accounts for income and expenses and manage it that way?