We are keeping our current house as a rental.

2) The minimum hours required are 750 hrs, but if running a short term rental, 100 hrs is supposed to be adequate, is that still true ?

They would be resistant to a short sale. 

Short answer: No, you don't need to (or likely want to) transfer the deed to an LLC before selling. 

Now, three years later, my tenant reported cracks in every room—paint cracking and full-line cracks in the bathroom, living room, and bedroom (walls, ceiling).A drywall contractor looked at it and said it’s normal wear and tear, but I’m concerned since it’s in every room.

I think the folks trying to do Airbnb and short term leasing in Cleveland's many Section 8 neighborhoods are out of their minds.

I also own a short-term rental co-hosting company.

This gives investors some time to complete a rollover and, in some rare cases, can be used as a source of short-term liquidity.Unfortunately, inherited IRAs are not treated as your own and do not fall under the 60-day rule.

Are you familiar with Creative Financing such as Subject To (SubTo), SubTail, WRAPS, Short Term Lending, and Bridge loans? 

Short-Term vs.