Form an LLC in the state where the rentals are? does it matter?

[Michael Koch]

Hey folks, trying to sort out whether I create an LLC in my home state or where my rentals are. That is what I've done in one state (Wisconsin) and now debating as I look in a new area (Arkansas), if I should form an additional LLC in that state. I live in Oregon.

I'm curious what other's experiences have been. What hassles have you had? good or bad?