The questions you asked are basic real estate questions and you really should know them before you pull the trigger. 

Just be sure you do the market research to understand everything is under control both short and long term before you pull the trigger.

If you need a course to pull a trigger on a deal , then I would say you don’t have the confidence in yourself yet and that you should continue educating yourself .

Goldman Sachs recently estimated that an unexpected 1 percentage point rise in US Treasury yields would trigger $1tn of losses, exceeding the financial crisis losses from mortgage-backed bonds.Mr Gross joins a mounting chorus of big investors who fret that this phenomenon will end in tears.

The moral of the story is, me and my potential clients lost out on an opportunity because some big girl or big boy out there had the guts to pull a trigger sight unseen.

Hello CPAs I was hoping you can quickly answer this for me so I can pull the trigger on a few things or if I need to wait until January...So I I am under contract for a new construction investment property single-family home that closes late January 2021 and I already paid earnest money last month.My next step is to buy a fridge for the property for the renters and also a BiggerPockets Pro membership so i can start using the extra features of the platform.However, do i wait to do these purchases until 2021 to use as a tax deduction since my home won’t be closing until Jan 2021?

What do I need to know before pulling the trigger? 

Work on your preapproval now so that when you come across a property you can just pull the trigger.

They're not a 1 size fits all approach by any stretch.A lot of them were also thought of coming out of the great recession when houses were going at fire sale prices and people thought they were smarter than they actually are because they picked them up at such low prices.If it feels right to you, works for you financially, pull the trigger on it. 

Generally speaking if the area is good and you can attract quality tenants, if the cash flow is acceptable to you I say pull the trigger.