Hard money is short term and expensive.  

Most people who lose in real estate see it as a road to short-term riches, which it generally is not.

Quote from @Ben Trageser: If you live in your short-term rental (STR) property in a future year after claiming depreciation, depreciation recapture does not occur immediately.

Going to do short term rental as well. 

I have my own lease and handle it with a paper document, that way I can walk the tenants through the property on move-in day with a move-in checklist and a short tone-setting discussion of what I expect from anyone who rents one of my properties.

They would be resistant to a short sale. 

While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.

Assuming these are for short-term loans, such as for flips, @Keith Groshans, you could do what we do and let the borrower keep the money and pay everything when they sell the property.

So you need to develop your checklists before you bring your first deal.  30 days is a very short time to execute and learn.etc etc.Use the above to start the development process for your wholesaling efforts.

.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.