Here the builder says No.2. https://www.biggerpockets.com/forums/548/topics/37... here @marissa says some conditions can be satisfied to not trigger a reassessment.

@Li Tolentino As @Brian Eastman correctly noted, UDFI may trigger tax.

They get talked into opening one, but never actually pull the trigger on an investment.

The #'s worked and we were happy with the location and condition of the house and it's potential so we pulled the trigger. 

All of that shapes up well for my emerging market, but if not kept in check, could trigger a significant correction in the housing market.

., you need to know your numbers before pulling the trigger).

.#5 Make Decisions Based on the NumbersYour real estate investing strategy should include the financial parameters by which you determine if a property is worth purchasing.Your strategy may include details about: Purchase price range.Investment cash needed for repairs and upgrades before leasing to tenants.Financing strategy for the short and long terms.Bargain purchase (the percent under fair market value a property must be purchased).Immediate value increase (the percent in increased value you expect after making initial repairs and upgrades).Geographic area.Net income.Cash flow.Net cap rate (annual net income/total value).When you find a potential investment property that fits within the guidelines of your real estate investment strategy, you can pull the trigger based on the numbers rather than emotions and personal preferences.#6 Don’t Buy from Unmotivated SellersMotivated sellers are usually willing to work with buyers, so focusing on finding motivated sellers can result in making great deals as a real estate investor.

Hello BP Family,I'm a newby, trying to get my feet off of the ground and pull the trigger on my first deal.

I really want to pull the trigger on something but at the same time don't want to FOMO in and end up losing money.

It's been frustrating finally being ready to pull the trigger but not having any targets to hit, haha!