Separating personal & business

[Stephen Lynch]

Hello,

Like many of you, I started without an LLC and purchased properties via conventional loans and protected myself with Umbrella Insurance. However, I'm getting to the point where the business is scaling and I created the LLC.

Currently, I have a rental checking account for in/out rent/mortgage, reserves, security deposits, repairs etc. I take part of my profits and pay for my own home and it leaves me with the repair money at the end of each money that I continue to accumulate. 

Ideally, I'd prefer to take ALL rental properties including ones under my name and have transactions flow through the LLC checking account along with any new real estate purchases and then pay myself in profit to pay for my personal mortgage (via a simple internal bank transfer each month). 

Does this setup create a situation where someone could go for those personal properties if they went after the LLC since I'm using the LLC to pay for those properties?  Do you guys separate personally owned properties/expenses with your LLC business / expenses?

Thanks,
SL