The explanation regarding adverse possession is correct but I think you misunderstood the rule.

Just like the famous saying that buying a treadmill does not make you skinny.Btw I am 100% not affiliated with the above program and do not know the guy.

Appreciation being almost guaranteed sounds a little like "what could possibly go wrong", famous last words.

Important thing is to remember to only insure contents and if it is a condo or townhouse make sure you know exactly what is covered under the HOA's policy because I have seen them start to get a little technical over the years, but insurance companies are famous for that  (usually the shell) and then if property is personally held in your name to have an umbrella policy and the person who carries you homeowners might have a solution but I have 7 rental properties in Duval county and I use same guy who I have found over the years to be reasonable. 

@Hadar Orkibi, sorry, I misunderstood and yes, you are correct. 

If you're rich and famous and need to protect other significant assets, I would.If you are just transacting/operating real estate by wholesaling, flipping or brokering (active income) I would elect to be taxed as a corp.

If anything, DFW may be still be misunderstood as here to stay and getting perhaps stronger.  

I prescribe to the Milton Friedman (renowned economist) view of business.One thing he is famous for preaching is in essence this: A business sole purpose is to make as much money as possible for the owner or shareholders while conforming to the basic rules of society.You can read his famous article hear:

I guess it has to do with transparency. if you told the lender (or have a tight relationship with them), you could probably do it again right away but if it is less transparent you might want to wait till everything is recorded and then deed it.Sorry that I misunderstood that you were hesitant to get started at all.

What happens in these misunderstandings is that something goes wrong either in the sale or after, and then they sue you for some statement you made that they “misunderstood”.