Sadly not all of them have triggered as well as I'd hoped :) Hope you find the info here as useful as I have, and welcome to BP.

When I pulled the trigger on my first flip, I was terrified.

Things like this trigger an "automatic" appearance with the Board for an applicant.

An option in most states it triggers Due on Sale in your mortgage note.

Just gotta know when to pull the metaphoric trigger!!!

L/O also means you need qualified buyers in there, not renters, that can pull the trigger and take you out of your financing requirements.If you want to keep them, a sub-2 would be much better for you as you are in title, a seller financed wrap, as that means you'll be refinancing instead of purchasing.....but we don't have enough info here as to your down payment/option payment, loan to value, market rents, etc.

I'm still a year away from the end of the lease but figured I'd better get my ducks in a row in case my tenant/buyer pulls the trigger early.

If their personality seems harsh or they seem intense or whiney, don't rent to them.I once had someone come see the place one evening.

Ceasar, anytime you are talking local, it helps to put the location in the title, as it will make it will trigger local people to come to the thread to see what is going on.

Said sum shall bear interest at the rate of eighteen percent (18%) from such time until paid.g)The terms of this Agreement may be renegotiated by mutual agreement by both parties.NOTE: Paragraph (g) was added a few years ago to prevent triggering a possible sale consideration by the IRS.