LLC or not for first renter property

[Jay Mersfelder]

Hello BP friends need some advice.. just purchased SFH to rent but have to do some improvements first..Little uncertain about do I need LLC or blanket insurance. Whats the pros and cons..plan on using BRRR method will I be able to get Heloc loan on property after repairs with LLC. Just trying to figure with only one rental property and soon to be two after I move out of my primary residence. GOING to do FHA loan and don't want to make a move that might be bad too my goals. Any insight would be helpful.