I focused on construction to permanent loans on site built, manufactured, and modular homes.

I have talked to a lot of different ones and have found one that I really like because they have been doing it for twenty years and have vertically integrated property management and construction and a construction warehouse for fixes and everyone is on-staff.

- Any other best practices that you could share that could help maximizing the rental yield, reducing prop tax and construction cost?

The investors that I work with in your situation like the option of going with New Construction, because there is less maintenance and surprises.  

Many of the big announcements haven't been completed yet or still under construction. 

You can buy new construction for low maintenance and use a property management company to rent out out the property.

That to me is the simplest deal structure and the least "risk to you" as you aren't waiting for the final home to complete to be paid, as I understand it most construction loans close on the "dirt" up front....although like everything in real estate its infinitely negotiable and changeable.  

I used a construction loan.4.

Given the current market conditions, new construction and turnkey properties tend to offer a more stable and lower-risk entry point into real estate investing.

I also liked the fact that it was structurally sound with concrete block construction, a tile roof, and high elevation.