If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

From a tax perspective, you'll want to take what you paid for the property plus calculate the improvements you made to the property during your time of ownership.

Quote from @Bruce Woodruff: I agree with having multiple options.

The multiple offers seems like the best route. 

Many of us work with real estate investors across multiple states and can help guide you in the right direction.

Additionally it can often results in multiple additional tax filing requirements riving their tax filing costs up unexpectedly. 

Oddly, Vrbo bookings nearly dried up and I get a steady stream of Airbnb leads despite the higher rate I set there.Unfortunately, by giving Vrbo a three-month exclusive head start, I missed revenue that could have been earned by listing on multiple OTAs from the onset.

Have you underwritten the deal from the perspective of: 'If i fully rehab the property, in addition to repairing it structurally of course, how much can I sell it for?' 

Since then, we've analyzed at least 75 deals across multiple markets, developed our buy box, and choose a strategy that aligns with our goals.

We did consider/evaluate that option, and have done multiple flips, but at those points have been under contract since New Year's Eve and carrying costs for another 2-3 months without a guaranteed sale is not the risk we want to assume.