In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause.

Depending on how long you’ve owned the homes and how much equity you currently hold, selling could trigger prepayment penalties which would clearly impact your profit margin.

I'm pulling the trigger and getting started in real estate investing after reading all that I can get my hands on and educating myself. 

I feel like I'm always on the verge of getting a Zapier subscription but have never actually pulled the trigger.

I would look very closely at comps in this area before pulling the trigger on it. 

Be brave enough to pull the trigger: Put an offer on houses that fit those criteria.

I am really wanting to pull the trigger on it, but I am nervous!"

Network as much as you can and be ready to pull the trigger if you find a deal!

Since the renovations will trigger local zoning approval Im hoping to find an architect on island to work with.  

Only thing holding me back is the opportunity cost of having that cash sit in the property 6 months- 1 year before I refi, as well as the capital gains that are triggered to pool the money together although this May still be the most cost efficient way to go as the hard money loans are much higher rates...