Seriously, keep me posted as you get close to pulling the trigger :)

I swear I thought I’ve seen every duplex there is and couldn’t pull the trigger on any!

The general rule is that if flipping is performed inside a self-directed IRA this will trigger unrelated business income tax.2.

They've insured the title then the former owner file a lawsuit and got their property back.The courts in general feel that forfeiture of real estate is too harsh an outcome for not paying your taxes and sometimes the amount owed is tiny in compared to the value of the property. 

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

Originally posted by @Harsh Desai:It was actually a land contract.

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.