What education should i gain before purchasing my first rental property?

I've dedicated a considerable amount of time to reading books, tuning into podcasts, and educating myself about the real estate market.

I recommend as a first step in your education in this new type of investing - join a Community that is specific to syndication investors.  

Outstanding education, local and national meetings and lots of networking.

Will it immediately move to full transaction price, or does this jurisdiction use some sort of flat percentage increase.You should know how frequently the property will be reassessed thereafter.

@Eric CarlstromMy STRs tend to experience more frequent repairs than my long-term rentals so I tend to budget more for repairs and maintenance. 

There are several texas who to me are not people I would want to do business with who took millions from investors and never returned it and still is out there raising $ and people are still giving him money for education and investing which is not gonna end well for them. 

Some sellers may not care and those that are in protected class's IE non english or simply not educated might still get taken advantage of..

Whether you read my book or one of the others out there, I suggest you educate yourself and learn how to manage well before a mistake sours your plans.Flipping is a great way to earn income, but the market has to be balanced.

I frequently remind myself what we see is only the tip of the iceberg.