Have proper policies for each property and a proper personal umbrella policy layered over the top covering your investment properties. 

I've got $1M in equity tied up in a rental property that I will sell around June '25 to generate liquid capital . 

Also, if I want a property manager, what type of company do I look for? 

If anyone familiar with lending law could offer some guidance, I’d greatly appreciate it.Thank you,Mergim That question is worth the opinion of two different contract atorneys in the state the property is in.

So STR loophole there are personal use limitations: To avoid having the property classified as a "residence," which limits your ability to claim rental expenses, your personal use of the property must not exceed the greater of:14 days per year, or 10% of the total days the property is rented at fair market value

If possible, I would love to get a seasoned property manager's opinion on my most liked properties in terms of rental potential, etc.

I gave her a virtual tour of the property via Facetime tonight and asked her if she was ready for a Minnesota winter, and she told me she's actually from Minnesota and moving back home. 

In short, if I invest $100k on a new property for long term rental, I want to make sure that I can position the $100k fully as a business loss in 2024 reducing  my total taxable income by $100k. 

I would like to continue to self-manage this property, but I am open to a management company.

You can create a second lien against same property, and substitute it for a down payment on the property you want to buy.