Our Underwrite takes 24-48 Hours, if we are provided with clean and correct documents.

We agreed but only after they covered cleaning costs and left the property in move-in-ready condition.

Hosts usually take 20%a good host replies to the guests quickly with clear check-in information a good host will troubleshoot thermostats, WiFi, and get the house cleaned and ready quickly for the oncoming guest.

You can even plan vacations that are written off if using the sandwich method by doing work on Friday and Monday for real estate and the weekend is there so you do vacation stuff so all lodging and travel can be written off. 

The other method is to use a “safe harbor”, i.e., the specific procedures laid out by the SEC in Regulation D.  

Section 8 is a nice program, but you will get low IQ tenants who don't know how to clean properly.

I would encourage you to learn the market you plan to invest in now and to continue to learn about the different methods of investing.

I want a resort style feel, clean neighborhood, golf carts, and pool a plus .

Definitely do homework on making sure you can get a clean title and make sure that the foreclosure was on the first lien.  

Was looking to save where possible in this market but the method I proposed is not worth the consequences. looks like 20% down it is!