Thanks all,It is very helpful to know which costs I have to separate out when I file taxes.

yes, its declining in all educated areas. but housing costs will continue to go up. in our Multifamily rentals, we will be upgrading everyone's living standards to assure we have upper-income earners as tenants, will be adding separate Electic Vehicles charging and 1st $100 of electricity for free included in the rent with Solar panels offsetting the cost producing the electric we sell to tenants. also adding Smart building ready FOG network for security and looking at new Smart Toilets the five-star hotels have been installing.

Can I get a loan just for them both as one  or do I need to prepared them as separate?  

Add it to the monthly rent and "forget about it", as we Italians are famous for saying.You will never recover the cost to install separate water meters, a new water main to the building and the cost to install new water piping in the building to divide the piping to two systems.

Let's dissect it by separating the real property (land) and personal property (homes): Assuming the lot rent in the area is $250 per month, then the numbers would probably be:7 x $250 x 12 x .5 = NOI $10,500.

That means you can prohibit kids or animals if they are pets or emotional support (service animals are under ADA, so you would not be able to deny).

I think you have to separate the notion of a "new business" getting an 'unsecured' loan vs. getting a 'secured' loan (by a piece of real estate. 

This is the first time that the partners (parents, my brother and myself) are going our separate ways with the profits of the sale.

I've been following BiggerPockets content for a while and am ready to bombard y'all with questions 😁Here's the first one:I've read that it's a good idea to purchase a rental property under an LLC to remain anonymous to disgruntled tenants, separate your business and personal assets, etc.

So I registered an LLC with the intentions of opening a business checking account and running all the finances for our rental property through that account.We are not closing with the LLC on title, but I want a bank account separate from our personal finances to document our income and expenses.Our realtor is working to get someone on a lease.