How much different is selling foreclosures as an agent from selling regular residential homes?

Does anyone know if this is legal or even the "regular" order?

It will be a loud and annoying process with someone in the house but it can be done and with a regular sized crew can be done pretty quick; the rafters are already cut and bird-mouthed and you might be able to reuse the decking. 

A rugged renovation (move walls, replace wiring, holes in roof) will likely require hard money or a renovation mortgage, while a light renovation (paint, replace flooring) won't require more than a regular investor mortgage.  

Assuming there's depreciation recapture, will the depreciation recapture and the final distribution amount be reported as regular income?

I called my regular dumpster company and several others and none of them would take them.

A 3% rent cap will discourage investment, further restricting rental supply.   

That seems unavoidable since supply will be greater than demand for a time.It could be a good moment for people who have cash to scoop up underpriced merchandise, but I also think the underlying strengths of lending at this point will prevent the larger panic crash we saw beginning in 2008.

The market fundamentals of supply and demand, low inventory and still amazingly low mortgage rates are keeping this train moving.

STR revenue will ultimately come down to supply and demand in your market.