Things are going fairly well and I'm looking to finally pull the trigger and get started in real estate investing no later than next summer (2014).I am interested in buying/holding rental properties.

Things are going fairly well and I'm looking to finally pull the trigger and get started in real estate investing no later than next summer (2014).I am interested in buying/holding rental properties.

I spent 8 months flying back and forth to Texas getting to know the market and putting a team together before I pulled the trigger.

My question is - will the purchase transaction (or even the Certificate of Occupancy) trigger the city to revalue the property much higher than the current valuation, resulting in higher RE taxes on the property?

Frankly, if I used the 70% ARV - repair cost formula, I would never pull the trigger on anything.  

Doesn't take much for them to trigger this, since this is a serious safety issue.  

Read them carefully as loans can be called at any time really, if your credit score drops, if you have a change in your financial position, if you have any derogatory occurrence like a tax lien, that can trigger a change in rates or credit advances being limited or the loan being called on you.

I keep finding properties that I think are good deals, but then I get cold feet and start pulling away from the deal.  I'm 26 years old I been saving for a while now.  I have a pretty decent amount of cash saved and I...

I had to just be scared, pull the trigger, and make things happen.

Account Closed I am not sure of the layout and I am looking at PM due to being new and some time/scheduling.Mostly I am looking at this one just to see if my calculations are correct and to make sure that I have all of the possible expenses accounted for before I actually look at something to pull the trigger on.