Always consult with your attorney before you rely on the above information. 

I would like to speak with local investors, real estate agents, property managers, lenders, etc. from the area.

anyone have any experience with Walter Wofford and his short term rental education programs?

I think we all agree madmen with a gun is a bad thing, I'm not as worried about madmen with a rubber hose or sane men with a gun.

File a complaint against them with the state licensing agency 

I agree, need to be careful with restrictions.

@Mitchell Rosenberg  - I think the overall thinking is that most prefer areas that have a growing population with a growing/stable economy base that is diversified.

Once you go under contract, (here in Texas) fine a title company that works fast that you can trust, even before the contract is assigned know if they work with wholesalers and how they can help you.

My experience with friends/some clients is get their numbers via whatever method you can and reach out via the phone.

I don't think we are going to be able to come up with $50K before they're going to need to move and no, definitely no family members able to gift $50K.