I work with investors and do the occasional flip myself when time allows! 

About 7 months total (90-120 days each), but it was vacant or had my daughter visiting in it the rest of the time.I have about $70K in profit coming out in the sale.Can I move it to a new property that we will only VRBO occasionally as well?

But I get back to the region occasionally to visit family in Manhattan.

Occasionally a new investor will stumble upon a great deal.

I'd also throw in a really small EMD, occasionally banks overlook that when approving short sales and just look at the bottom line.Also- if you are pre approved for 100% loan offering $500 in EMD is fine.

Where I'm at we get a lot of homes under the $100k range, but there are the occasional farm and land that can be very lucrative with many going for half a million to the $1 million + range.

I work full time and don’t spend time at my rentals other than some minor things occasionally.

Occasionally, each condo owner has ownership in the land improvements also - a percentage share and the cost seg firm would need to quantify the entire property then take your % of it.  

Of course there are occasional exceptions, but generally speaking, these types of returns come from inexpensive properties in the midwest.

Occasionally the staff will give them a bit of a warning, occasionally some of the experienced bidders will give them a warning, but rare do they quit bidding.