My daughter is an Agent in Vegas I suspect they are going to get a lot of overflow as well since there is no income tax there and prop taxs are basically the lowest in the nation.. my mid term rental I have there has routinely been leased out to insurance companies paying for their clients that had a fire .. or this last one they were building a new personal residence that took over a year. 

-Basically it appears they have run out of money to pay investors back. 

Each area has its own rules on how it works, but basically, you buy the house, pay a deposit and agree to rehab the house within a certain amount of time.

We have basically switch some of our properties from short term Airbnb’s to mid term rentals.Currently looking to buy the next property to help accommodate some of the requests we are getting.Anyone else getting these type of requests for mid term stays?

I know of a few in the PCB Florida area Pretty basic, and I am small scale. 

Good points I try to target a price range basically a starter  home  that is affordable in  A,B area . 

The net result is basically the same, but it keeps the two properties separate from a lenders perspective.Any low down payment money, particularly on an investment property, is going to come from a private money lender.  

Its the "blocking and tackling" and going with the basics that keep you out of 90% of the problems that we see people have.

Quote from @Devin James: True, but it's foolish to invest without a basic understanding of how to purchase and manage the investment.

I've been doing this basically my whole life and I can tell within about 5 minutes of a phone conversation if I'm dealing with somebody that I can trust and also dealing with somebody that knows how this system works.