Your decision will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

@Jordan AbromovitzAt a minimum, rental properties should have three coverages: General Liability CoverageBuilding Coverage Loss of Rents / Business Income CoverageGeneral Liability Coverage - covers against lawsuits claiming you are responsible for Bodily Injury and/or Property Damage.

@KJ L. there should be lawsuits .

If you look at tort law which is what 90% of property owners will be dealing with (negligence) such as slip and falls, lawsuits about a railing that maybe came loose and somebody fell or lead paint or any of a million lawsuits, the law says that the LLC can and will be held liable as well as the "owner" of the LLC personally.

I was told the land trust would be good to hide the identity of, the owners so people wont know what we own in the event of a lawsuit.

Because you made the choice to get an LLC, you won't have to worry about lawsuits as much as someone who has made the mistake of keeping property in their own name.

I have a list of attorneys who are knowledgeable about tax sales law and can do quiet title lawsuits for you.

It could attract those unscrupulous indivulaes that will target your assets with a law suite. 

I keep running into people saying that texting can lead to law suits.

Owner agrees to hold the Agent harmless from any claims, charges, debts, demands and lawsuits.