1) Build your team - talk to investor-friendly lenders and agents that are experienced working with real estate investors.

This is not a scare tactic its more of a buyer beware to do research and pick a good Bank/lender.

He has worked with other hard money lenders in the past. 

You can get into it with relatively low money down depending on what options lenders offer in your area. 

If you have two concerns just think of the reviews you might receive about those two things that you can’t change. 

Mid-construction has some struggles with many lenders in our current capital markets, though there are options! 

It keeps me on schedule with reviews of their payment history, lease compliance, in-person property inspections, rent increases, lease term updates, and more.With even a modest 3% increase per year, their rent would be $3,054 in the third year, almost $80 a month more than you currently propose.

Has anyone heard about this lender?

We review with each new tenant what a true 'emergency' is (fire, pouring water, etc) is and what to do if such a thing occurs in the middle of the night.

Have the attorney review both the lease and the PM contract.