Buy rental property via LLC or in own name w/ umbrella insurance

[Victor B.]

I would like to buy multiple SFH investment rental properties (think 100+). I've read mixed/conflicting advice on here about whether it's more beneficial to buy each one via LLC or would buying under my own name and supplementing that with a hefty umbrella insurance policy? The reason I'm thinking the latter is because I can get better financing terms (85% LTV) and deal w/ less complexity/forms to file. My goal is to build a portfolio and either perpetually refi the properties or sale all of them via 1031 and flip to 1 commercial property. This is in PA if that matters.

I know this topic has been asked numerous times but would love to hear any updated/specific thoughts.

[Bradley Hubbard]

@Victor B. Unfortunately the transfer tax in PA is quite high compared to other states. In the Philadelphia market specifically it's over 4% and has probably increased since I posted this.