@David Boroughes as soon as you start renting out the property, you trigger the "Material Change" clause and the policy can deny claims. 

Upon death, it triggers certain provisions within the LLC agreement.

I’ve been “studying” real estate investing for a few years now.I’m close to making a purchase - as soon as I find a deal that financially “makes sense”, I want to “pull the trigger”.

Many pushing land trusts went further, incorrectly claiming that utilizing a land trust for ownership of a property would not trigger the due on sale clause in mortgage notes if the land trust itself was transferred (sold), and therefore mortgage assumptions and subject to sales wouldn’t have the threat of mortgage note acceleration hanging over the transaction.

I know for a lot it’s cash flow, but I’ve also heard that cash flow isn’t a good indicator for whether you should invest in a property.As long as I am netting $200 to $300 per month I would pull the trigger on acquiring the property.

For example, owning 3 Units in a 15 Unit Complex.Basically, I've seen this deal presented a few times, but even when numbers work, it's tough to pull the trigger being that you don't own the whole building and are relying management to upkeep the building and its surroundings.

@Allison MorrisThere is nothing illegal, immoral, or unethical about transferring a property you own to an LLC you are a member of.Yes, it can trigger the due on sale clause.

I just hoped somewhere in there I didn't screw up my math and I pulled the trigger. 

Hey Darvin, I like to keep at least 9 months of PITI reserves and then assuming the property is cash flowing I'll let the cash flow accumulate to build up the maintenance and capex reserves, that way I don't need to save up that money prior to actually pulling trigger on a new property!

Either way, the biggest thing is to pull the trigger!