However, i don't think i'm quite ready yet to make the leap and pull the trigger on a first deal.

This will prevent the triggering of the Due On Sale clause. 

My wife and I are getting ready to pull the trigger on our first STR here in Phoenix area.

Though most say it is unlikely, transferring the title to another entity may trigger the due on sale clause so be aware of that as well.

I am getting ready to pull the trigger on a rental and was wondering if I could go for a couple months with out one (3) or should I have one in place from the onset...the property has a stable tenant in place, I do have lawn care and a HVAC person.

Once you know your way around, you should feel a lot more confident pulling the trigger on an investment. 

Just be sure of the numbers before you pull the trigger and do exactly what your doing and find someone with experience with meth to help.

I believe that flood risk is a bit overrated as most homes in Houston if flooded would trigger government support for affected home owners.

My attorney advised LLC's create a lot of unnecessary expense and paperwork, and, technically it can trigger the due on sale clause by transferring. 

It's tough pulling the trigger in this area.