I am just saying that I am confident enough in the building that I found and my skill sets to pull the trigger. 

Its a fast, competitive market here so it helps to know where/what you are looking for that way when it does come along you can pull the trigger quickly before someone else does. 

I'm not certain if the transfer will trigger a revaluation to the sales price immediately, but I wouldn't be surprised if this was the case.Keep in mind that assessed value is 35% of market value in Cuyahoga County.

We have enough saved up for a down payment on an investment property now, but I'd like to make sure I have a solid plan and have found a great deal before pulling the trigger on anything.I know the market here in Raleigh is crazy, so I'm considering things like direct mail marketing to try and find good deals.

My goal is to learn my local market inside and out and have all of the pieces together before I pull the trigger. 

Doesn't this trigger the due on sale clause?

Is there a creative finance method that can be used in my situation that will not trigger DOS and also will not leave me with a huge tax bill once ownership is transferred?

I've discovered just as many negative responses as positive ones if not more negative, which is why I haven't pulled the trigger.  

So, to summarize, take action and start looking, but don't pull the trigger unless you're very confident you've got a great deal.

If we DON'T pull the trigger now, and he DOES get out of the service, we are looking at a possibility of our 6 month plan turning into a multi-year plan by the time he has 2 years at a new job to qualify for a mortgage.Obviously we can't tell the future.