HI Cory,That is wrong, when a property is inherited there is no title seasoning period of 6 months (typical title seasoning period after a purchase or taking title).You should be able to apply and cash out right away.You will have to show the legal documents and court award letter to document the inheritance and transfer of title.

Typically wholesalers like their title company as they can control when the closing is and make sure everything is done properly related to wholesale fees etc.

I'm wondering what it typically takes to refinance, and if it's a good idea to do so

IMHO, there is NO reason to not be on Airbnb, unless you have a goldmine site that keeps you booked up, and you don't have enough time to handle all the leads from Airbnb (if you have too many leads, then you have a different "problem" of your prices not being high enough typically.)

Inspection costs are typically around 400.

I called up a property manager in the area I am looking to talk about what typical student rentals look like.

Depending on the value of the property you will need to show up with $x,000 in certified funds to register to bid and if you are the high bidder you will need to increase your deposit to y% (typically 10%) of the high bid within a couple of business days. 30 days settlement is standard, so financing is possible.The difference in risk level between private auctions and foreclosures is huge.

Expense %s can be regional so check out what typical for your area.  

Typically something like $70K purchase price, $10K down, 6% interest rate, 20 year ammortization, 10 year balloon.  

Another option, however, would be to essentially lease it out to a short-term management company willing to pay you a fixed amount per month (even outside of ski season) & compare that to what you would make w/ a long-term rental.