Hi @rhdenh,
welcome to Obsidian and the forum! As @nickmilo mentioned, I am using LYT in connection with Scripture and it works extremely well!
I would also recommend one vault for all of that. I am using different folders within the Vault to keep the Bible separate from my notes. Here’s the forum thread on different approaches to organising the Bible. Feel free to read and contribute!
To give a sneak peek, this is what my setup looks like:
I use a bit of custom CSS to pretty things up. Using and referencing the Bible in Obsidian (and in conjunction with LYT) works like a charm!