., one of the creators, is active here and can probably assist you as well.

If they see that youre generating cash for operations via a non-RE business activity, it could be an issue.

Wholesaling and flipping is going to be a lot more time consuming and active type of investment where building a portfolio of rentals can be a lot more doable while also working full-time. 

It was a stressful situation, especially since it was my first time dealing with something like this, but everything worked out in the end.Now, onto another matter that's new to me in the realm of student rentals.

hence, your strategy is good for you but doesn't make sense in an economic stress test to a lender.

Some people don't have financial situation, nor have the bookkeeping to track or maintain it.Again, I personally find it very stressful just thinking about living that way for the life of the loan keeping the lowest daily balance possible. 

Only thing I can think to do is call Vrbo or Airbnb and explain the situation and see if they would allow you to create another account that maybe isn't active to use until the other accounts are shut down?

This would eliminate the stress of managing the 45 day identification period.

Hi - are there any scenarios in which mid-term rental income/losses can be considered as active income rather than passive, besides when one has REPS status?

Due to the low amount I will owe to the hard money lender I want to get a HELOC to find and fund other deals but when I am not actively doing deals I want the cash flow.