I am about to pull the trigger on an expensive list from ListSource.com, but wanted to get 2nd opinions firstHere is the criteria:- Geography - Central Phoenix (drawn polygon over map, north of McDowell)- Built 1925-1990- $30k+ equity- Lot Size 4k+ Sq.

I wasn't planning on pulling the trigger really soon, it would be more so in the next few months after the house in florida gets sold. 

I’ve been looking to do the same thing further south (CO Springs) and just can’t get the numbers to work to where I’ve been comfortable enough to pull the trigger, but that may be me being a little too analytical. :) Best advice I have is really learn the market, as Greeley can be much different from area to area, and find a good agent that works with investors and understands your needs.

We've been looking out of state a lot as the market here in Utah is crazy but haven't pulled the trigger on anything yet.I recently heard of someone who has been extremely successful in their real estate career who built a new primary residence every 2 years which came with certain tax benefits and profit in an appreciating market.So I thought maybe instead of finding a rental property to buy we could build a new primary residence and rent out our current home which has appreciated about 60% in the 5 years we've owned it.

There is another consideration though it may be a small one, fire hazard, occasionally they explode, or overhead which can cause a fire or injury to the user.

If you can convincingly use the same approach he did to come up with the values that you need then go ahead and pull the trigger on the appraisal.  

With "too many cooks in the kitchen" syndrome, I can imagine people in the group going all over the place and ultimately not agreeing on pulling the trigger on a deal. 

There are different types of restrictions but the most common is that a person or entity is given ownership once the current owner or beneficiary dies, but this is not the only trigger just a common one.

I'm new here, been wanting to get into RE investing for YEARS, and wish I would have pulled the trigger when the market wasn't so hot!!! 

Hi Justin,Moving your properties to an LLC triggers the due on sale clause, there is not a whole lot you can do about that.