I don't know the details of your lease - rents, length of lease, triple net, commission amount - but if it makes financial sense and makes the customer happy then absolutely pay for it.

The BiggerPockets community is here to support you, and many of us have been in your shoes.Finding a Mentor:Finding a mentor can be incredibly beneficial, especially as you navigate these early stages.

Don big difference in production building in the South /  compared to semi custom in other areas..

If you're custom building $100,000,000 in Palm Beach and that is their bread and butter market, they'll probably do what they can to make it right.

The system is very clear cut, making it simple to navigate.

What should first-time investors be aware of when considering these types of loans, and what tips would you share for navigating the process successfully?"

If it tends to be for a pretty set time frame it may be more of a tutoring/teaching type of situation.I tend to stay out of my tenants' business unless it involves safety of the neighbors or some kind of major crime, so yes, drug dealing would fall into that but most lower level dealers will have more than 1 customer and many high level ones who might only have one visitor are not as likely to have them daily.

Reviews include landlord and applicant reviews, so take it for face value.Myrental (CoreLogic) - 3.2 Stars: An average rating indicates that some users may have experienced issues, but CoreLogic’s established presence in the industry might still offer reliability.mysmartmove.com (TransUnion) - 2.9 Stars: This below-average score suggests that there might be significant drawbacks, possibly in customer service or user experience, despite the reliability of data provided by TransUnion.Turbotenant - 3.6 Stars: Slightly above average, this rating suggests that while the platform is generally satisfactory, there might be some areas that need improvement.

May be able to google too.Most wholesale carpet stores will quote you a lot less than the guys advertising on TV and with big fancy showrooms but know there is still room to negotiate but may take you purchasing several times so that the salesman realizes you are a return customer.

Also, you don’t need  $360k if the loan gets called; with a principal loan balance of $240k it would be more like $250k.Whether you do a wrap, sub to, or lease option when dealing with a owner occupant / consumer there are many legal “traps” to navigate because of consumer protection laws at a state level, and CFPB and Dodd Frank at the Federal level.