Putting each rental in it's own SMLLC is a waste of time and money since most states require you to pay an annual fee for each LLC. Thinking that putting all of them in separate LLCs will save the properties if you are sued you are very mislead. To secure them you would have to incorporate and the properties would have to be in the name of the corporation which you may not be able to do if you have a mortgage. PLEASE talk to a local tax pro and/or RE attorney to review your concerns and options.
