We all realize this MAY trigger the due on sale clause existing in almost all deeds of trust and mortgages, but the actual chance of the lender accelerating the note is quite small.

Personal Liability: For claims due to Bodily Injury or Property Damage that you become    Liable for and which is covered under the policy.

Not sure what “triggers the clock” on the sol on HOA debts....on mtgs it’s not the first missed payment, it’s the date the loan is “accelerated”.

Question: If I have the borrower's sign a deed-in-lieu before closing the loan, what would trigger my ability to exercise it?

SFH "A" in Johnson County is red hot anything hitting the MLS is priced to the point of no meat on the bone for an investor of course there is a few expectations to that rule.The only way I have found deals is word of the mouth, fact I am looking at a SFH "A" right now, but the amount of work needing done and the value the owner thinks it is worth is a spread that may not shrink to the point of a trigger pull.

Changing title could trigger gift tax filing requirement.

What factors should I be looking at before I pull the trigger on buying on buying a property.

Go for it Mitch , there’s very few things in life you can say “ I’m 100% sure” sometimes you have to pull the trigger at 80% sure  .

Make sure to do a comprehensive evaluation of your investment before pulling the trigger.    

Good luck, keep us posted on if you pull the trigger!