We are also close to pulling the trigger on acquiring another nearby single family home for a second STR.

It’s completely normal to feel nervous before pulling the trigger, but doing a solid market analysis will give you more confidence in your decision.

Of course this all depends on YOU setting the base rate and all the knobs and triggers most appropriately.

How much below market value would a sale have to be for it to trigger a gift tax and if so what is the rate on that? 

And then you have BP and an army of experienced investors happy to answer your question or poke holes in your deal before you pull the trigger..Be honest with yourself, are you looking for moral support?

I have listened to the BP Podcasts for a some time now, and thought I would pull the trigger on joining the community!

I’m having a hard time finding a great price in a great location and I just can’t seem to pull the trigger on anything.

After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):
REAL Red Flags That Matter:
The Partner Complaint Trigger
Disgruntled partner files Form 8082K-1 dispu...

They use leverage in some of their funds, which can increase returns, especially if they have a low cost of capital (but potentially increase risk and trigger UBIT issues).

If you're lucky enough to get a free and clear property where the seller is willing to finance, this reduces much of the risk associated with seller-finance.I would make sure the title is then moved over to your name, especially since there is not a risk of a due-on-sale clause being triggered.