However, when it comes to selecting a lender solely based on leverage it’s important to understand what’s included in each lender’s definition of loan to cost.

I think I’ve watched enough podcast on real estate videos to have a good understanding of what I’m doing.

They are looking to either keep it as a rental or occupy and rent out their current property.I understand the large risk of buyer non-payment and activation on due-on-sale clause.

The key to managing these taxes effectively lies in understanding the assessment process and being proactive in tax planning.Key Points:Assessment Basics: Your property tax is a percentage of its assessed value.

I understand the importance of finding the right lender experienced with first-time investors/buyers and supportive of your unique positions as a business owner and W2 employee.As an investor, my network includes trusted mortgage brokers and lenders experienced in working with first-time investors and understanding the nuances of investment property financing.

I'd suggest you understand the differences between lending and equity positions and follow the tried and true methods of partnerships, joint ventures etc.

We all take our lumps when we are new but I am hoping to help some other new folks on both sides of the fence understand how to best interact2.

I benefit from their ignorance (my rents will increase ~$50k this year), but would prefer that they had a better understanding of consequences.  

Might be worthwhile to understand what you'll be asking of a PM (which you already seem to have a handle on) before you hire them. 

I do #2 and #3 as they apply with a preference for rewiring.This exercise is helpful in developing an understanding of which circuit breakers control what.