In contrast, STRs work this way intentionally, by design. 

Got it, I'd first discuss with someone like @Dave Foster to understand your intent and how you demonstrate it.

wholesaling is a dishonest business of people misleading sellers to believing they can buy their property, when they actually have no intent nor means to do so.

I know that’s not your intent, but you don’t seem to understand what you paid for. 

For the first answer, I understand it is a bit vague, but that is intentional as from our perspective as accountants we need to know all the material facts before giving you a "best way to go" 

HelloWhen making an offer on a REO with the intention of wholesaling, is the ernest money check ever cashed and is the time alloted for your sale to another investor the 21 days till your inspection?

We have no intention of selling data.

My intention is to live in the basement, rent out the remaining bedroom to a long term roommate, and run the upstairs as a full time STR.I'm aware that the City of Littleton has strict short term rental regulations, but they do allow STRs as long as I have a license and I am occupying the property.  

Going forward, I'm going to invest in real estate with a specific purpose and intention, cash flow. 

I have no intention of spending my days at the courhouse either.