Transition states or quantum states of zero energy appear at the boundary between the discrete part of the spectrum of negative energies and the continuum part of positive energy states. As such, transition states can be regarded as a limiting case of a bound state with vanishing binding energy, emerging for a particular set of critical potential parameters. In this work we study the properties of these critical parameters for short range central potentials. To this end we develop two exact methods and also utilize the first and second order WKB approximations. Using these