There should be something in that range that works for you. 

I agree a spreadsheet would be sufficient for me with only two units. 

Also to make it legal, you need to make sure you have sufficient egress, fire separation between upstairs and downstairs and technically you need entirely separate mechanical/plumbing/electrical systems.

There aren't a lot of rentals in the area and most of them range in the $1,200/mo 1bd/1ba, which is way above what this tenant can afford. 

Considering your facility will cater to a wide range of storage needs, including RV/boat storage, semi-truck parking, container storage, and contractor yards, the name should encapsulate the comprehensive nature of your services.

I'm specifically interested in acquiring a rental property within the $800k to $1.2M price range in Washington state.However, upon evaluating rental properties in the current market, I've noticed a concerning trend of negative cash flow.

Best option is 4-5 bedroom house, depending on your price range. 

I ran a quick Realtor.com search and found this recent multifamily sale in Ontario - https://www.realtor.com/realestateandhomes-detail/319-E-Park...If most properties are trading along this price range, you may want to run projections for future appreciation using conservative number.

Maybe, this would be considered a distribution of property from the LLC which would cause a taxable gain should the llc not have sufficient basis to take from.For #3 and for all of your questions really, there can be a lot of hidden complexities depending on your exact situation.

The loan amount is sufficient for me, as I am not looking to borrow more than necessary anyway at current rates (7.35% seems to be cutting edge right now).