You wont be able to wholesale a short sale.

Quote from @Frances Farnon: Is there a list of items needed for short term rentals? 

Less turnover, wear and tear, and more money in your pocket.

Quote from @Garrett Prenger: I am interested in getting into the short term rental business.

A short-term investment is a cleaner, faster solution for both sides without the headaches and paperwork of bankruptcy.I’m looking for someone who understands the opportunity and can move quickly to benefit from it.Thanks for asking.

Hi Iman,You’re thinking along the right lines—adding a short-term rental (STR) can be a great tax strategy even if you don’t meet the full real estate professional (REP) requirements.

This home is now an "approved short sale", which means the owner owes more than it is worth, and the bank is willing to allow them to sell it "short" (below what the loan is), and eat the rest. 

Quote from @Ashish Acharya: @John Underwood For tax lien properties, the start date for determining short-term vs. long-term capital gains begins when you legally acquire the property, not when the lien is initially purchased.Key Tax Insight:Holding Period Start: Under IRS rules, your holding period begins when you receive actual ownership (title) of the property, not when you buy the lien.

•Joint Ventures with STR Operators: There are short-term rental brands and operators who invest in unique stays and might co-invest or lease the property with management in place.

Purchase price: $230,000 Cash invested: $50,000 Our first short-term rental property