Note this can be pro or a con depending on your strategy.

Property was sitting on market and needed light updates (roof, flooring, paint) but was in a great area that allows STRs giving me multiple options when deciding on rental strategy How did you find this deal and how did you negotiate it?

Is it the BEST strategy? 

Look into the BRRRR (Buy Rehab Rent Refinance Repeat) strategy.

I live in Asheville as well, and am happy to help you kick around strategies.

Investors can always benefit from working with someone who knows how to align opportunities with specific strategies.Are there particular types of properties or investment strategies you’ve seen gaining traction in the Seattle area lately?

Has anyone used bridge loans for this type of strategy or is there any other loans that anyone would recommend other than HELOC?

Awesome strategy!  

i'm expanding my buy and hold strategy now to get my foot wet on trying rehab, and would like to work with reliable wholesalers who can provide the source. 

That is the best case scenario, of course sometimes you get lied to and stalled, that's why it is important to always emply a double strategy and stay a step ahead.