It occurs to me I could tap into that, but I want to be ready if I do.

If you think you will go FHA, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

Investors do not calculate cash flow based on a snap shot in time it is calculated based on the life of the property.Vacancies, tenant vandalism, cap and other expenses are factored in from day one not as they occur.

@Mike Dymski, shouldn't "replacement cost" only factor after replacement occurs?

i posted twice on accident but not sure how to delete this :)

Counter bids do not occur after the seller's reserve price is met.

Does this ever occur?

We got into the STR game kinda by accident. 

You likely got the "Well if I were to get $23 million I would definitely sell" which means its priced at a 4.5% cap and no one is going to want it.I don't mean to shatter your hopes here and I would be happy to talk it over with you if you want over the phone tomorrow, it's just not likely that you stumbled across the 7-figure fee, holy grail deal by accident. 

Started completely by accident.