The difference between selling an STR and another kind of business is how they are typically financed.My short-term rental investors in Colorado are using a mortgage.

Quote from @Robert McClung III: The contract is pretty straight forward and he says the fee is refundable but not in the contract.

We work with a lot of long-term rental investors in secondary and tertiary markets, and the area you're exploring has a lot of the traits people look for when trying to balance affordability with solid rental demand.

You can protect yourself with a short contract period.

I'm under contract with that. 

Absolutely agree—managing short-term rentals can be overwhelming if you're doing it all yourself.

I am under contract on my first 4 plex.

I’m considering turning it into a furnished short-term rental instead of getting rid of the furniture.I’ve heard that renting to travel nurses can be a good option.

A free market operates on the principles of voluntary exchange—if I own an asset (whether it’s real estate or anything else), I have the right to decide who I want to sell it to and under what terms.

The property was under contract, the deal fell trough and the seller was also the buyer on his new home.