Keep in mind tax preparation fees as well as you grow as you will now have  state tax return needing to be filed as well as the federal. 

Be prepared to file IT-203 Non resident tax return.

We’ve decided to turn this trip into exploring the market over there.Looking for advice on what we should do in preparation and areas we should focus on/avoid. 

Be fully prepared to do a large amount of work on them. 

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

Your depreciation will actually start in the month and year it became "occupied" as a rental, based on the original purchase price, minus land, plus whatever capitalized items you did to prepare the property for rent.

But you need to be prepared to back that up.

And any good agent can direct you to apps and other systems to prepare for managing the property.Good luck!

Think about your SO preparing food for a SuperBowl party.

They specialize in quick and fast loans that will come with credit card like interest rates.Here are some additional tips for securing the best mortgage rate for your investment property:Build a strong credit profileSave for a larger down paymentShop around for lendersConsider different loan typesDemonstrate a stable IncomeChoose the right propertyBuild a relationship with the lenderBe prepared with documentationConsider interest rate buydownsMonitor interest rates