Is there a trigger or sign that one should be keeping an eye out for? 

I'm looking at Twin Falls specifically, but need to do much more before pulling a trigger on a home there.

As you can see - subject to interpretation.A commonly accepted trigger is when you start advertising the property - either online, by listing with an agent or by placing an outside sign.

It doesn't help that the National Floodplain maps are outdated and universally acknowledged to be "politically influenced" (as certain neighborhoods in Houston demonstrated).Maybe it's a bit short-sighted but with plenty of solid places to invest (major cities with booming job markets), it makes pulling the trigger on Florida an unenthusiastic choice.

I've done much due diligence and decided to pull the trigger based on the numbers!

Compelling them to renew or move considered no-cause eviction, thus relo ordinance triggered. 

One issue you could have is that a lot of banks require a 1 years seasoning period before they will refinance.As for transferring it to an LLC after you have financing, it could technically trigger the due on sale clause but I doubt any bank would actually call the loan.I use Spring Valley Bank and they should be able to do it no problem. 

I am brand new to all of this but ive decided im finally going to pull the trigger and do my first flip.

“Producing a ready able and willing buyer” does not trigger a commissions due on the day you “produce” the buyer.....at the earliest, thus clause would kick in after the buyer fails to perform and has been found to be in default, usually by arbitration, a court proceeding or mutual agreement between the buyer and seller.

As much as the people in your list above are essential, what is more essential are individuals who are currently doing the type of investing you want to do.Putting these people on your team first as mentors will help you put your best foot forward when you pull the trigger on the first investment.These mentors can also give you advice on the best contractors to use, agents to use, and CPAs/Tax Advisors.