You need to have all your ducks in a row and be able to pull the trigger fast if you see something.  

It was November 2016 when I decided to pull the trigger after six months of research and building an excel model that lets just say I went overboard with.

However, there are some important factors to consider:Mortgage transfer: Most conventional mortgages have a "due-on-sale" clause that could be triggered by transferring the property to an LLC.

I think this would eliminate the possibility of triggering a “due on sale” issue because the property is already in an LLC and I am only selling interest in the LLC.

I have been hesitating on pulling the trigger for about a year now and I am getting frsutrated.

One more tip – people remember stories that trigger their emotions.

Anything over 30 days just about everywhere triggers tenants rights and you could get really stuck without a full bore lease.Checking into each tenant will help keep damage to a minimum.

.- If the tenants cause their neighbors to suffer a loss, through bodily injury or property damage, their Renters Insurance will provide protection that would compensate the injured party.

We have been thinking about this for a long time, but finally decided to pull the trigger.

I also think the election results will trigger a material change in the financial markets and influence borrowing costs.