However, it’s important to price competitively and be prepared for buyers to request concessions.

If you end up at a standstill with your auditor, be prepared to take your fight to the next level, called Appeals.

Yes you can you need to pass both tests. 7 days or less and the material participation test which I have outlined above 

But the question was to just know the unknowns like any special accommodation requirements I may need to prepare my property

I bought the house in June (titled it to my corp), and am preparing it for Section 8 occupancy as of October 1.

Your best bet is to list it in the open market (MLS) with a local agent, with the option of furnished or not, and be prepared to have to clear it out should a buyer not be interested in your personal items. 

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

There's definitely a learning curve but as long as you're prepared for it all both mentally and financially, it can be extremely rewarding.Also starting up my first STR here in CA soon... just my ADU we're almost done with at our primary.

She also added 1or 2 more BEFORE the crash.Then she was prepared to act when the crash happened.No one knows what will happen in the future, and it's unlikely something as opportunistic as the 2008-2010 crash happens any time soon, there will be other opportunities.One may be a shake out in the STR market, which may offer saavy investors some purchae opportunities.Bottom line: if you never get started, you'll never be ready for future opportunities.

The key is to test, test, test until it works.