The rent you pay is an expense and it would go on line 20b ("Other business property"). 

Expenses: Insurance is about $145/m property tax about $208/m (my guess, lowkey the property got tax assessed at $89k in 2022 and now its worth what it is now so I'm guessing $2450 a year).

It doesn't matter if the average age of your inventory is 12+ months. 

He is bringing in the property plus $25,000 cash ($20,000 to cover closing costs and $5,000 for initial operating expenses), while I'll contribute a $130,000 cash downpayment and handle day-to-day management due to my proximity to the property.

Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month.

Cash flow (in my portfolio as a whole) covers my expenses.

There might be possibilities to alleviate some of the expenses through negotiation.

Cash flow (in my portfolio as a whole) covers my expenses. 

Red river bored brings in over 600,000 people a year for hiking camping and climbing and they are getting ready to build more out in this area and we are average around 300 a night How did you find this deal and how did you negotiate it?

In general,LLC will provide basic asset and liability protection and allow you to get its own bank account, where you can receive money, pay expenses and distribute profits.