It’s a great opportunity but I’m not quite ready to pull the trigger on buying my first rental property.

Those people respond like any other consumer to the certain triggers. 

A transfer to an LLC will trigger the clause and should therefore be avoided, even though banks are hesitant to ever foreclose as long as the note is being paid.

I'm hoping you have a quick exit plan B with that strategy as the transfer could trigger the due on sale clause with the lender.

A transfer to an LLC will trigger the clause and should therefore be avoided, even though banks are hesitant to ever foreclose as long as the note is being paid.

You've got to run your own numbers on any deal before you pull the trigger.

@James Galla Man, I feel like that is pretty harsh. 

I want to pursue wholesaling opportunities but haven't been able to pull the trigger on a deal due to the fact that I don't have access to a HML, the best thing I have is a commercial lender that can include rehab in loan but he was kind of skeptical of me because I am OOS and haven't had any experience managing BRRRR, but from what I hear you need either cash or HML to lock down wholesale properties. 

Also add that while there is zero effort involved in this type of investing once you pull the trigger, there is actually quite a bit of education that you should do beforehand to make sure you are choosing wisely.

My understanding is that any disposition of property out of the S corp triggers a taxable event, and steps up the basis thereby exposing the owner to capital gains tax.