I would also never buy a short term rental in an HOA - it's just one more entity that can tell you what you can or cannot do. 

Wholesaling is a great low cost way to make a lot of short-term cash, but it does not build long-term wealth.

What are your short term goals?

I prefer the mid-term over short-term rental all day long now. 

The only issue I've had is a small period where the laundry pods would always be empty at turnover. 

Oversimplifying it just a bit, the investor profits from:- a non-refundable option paid by the tenant-buyer which gives them the right to purchase the property within their option period- the spread between the rent paid by the investor to the property owner and the rent paid to the investor by the tenant-buyer over the life of the option- the spread between the price ultimately paid by the investor when they exercise their option with the owner and the price ultimately paid by the tenant-buyer when they exercise their option with the investorClear as mud?

The short answer is yes, but it's much harder.

They stopped paying the lender and wanted to work something out with the lender but the time is running out (ie the management company did not do any significant improvement during the forbearance period) One of the LP just emailed me and said we need to raise 65k to enlist help from this company.

.+  Cash out refi on those after seasoning period.+  Buy more, repeat.

Additionally, the Villages are close by and with an aging population it attracts a lot of healthcare field workers.Now, with a lot of rental properties you may run into slightly longer vacancy periods if you have a unit turn at the same time as others, but generally speaking renter demand is solid.