If you want to optimize you could identify the busy season and make that STR friendly and then the rest of the year block it for longer stays.

Then you might see where you fall in the list.

The rent is calculated from the zillow estimates.

The general reason (avoiding any personal thoughts on wholesaling as a business) is that when you have a license, any fee you get for transacting or assisting in real estate must go through your brokerage and they must take their percentage.

One of the biggest pitfalls is the age of the buildings I'm looking at. 

So if you had 3 rentals with losses and 2 rentals with gains, the losses from the 3 rentals would offset the other 2 rentals and the rest of the loss would be carried forward to offset other passive activity losses in future years if applicable.

Hi Armando, welcome to the community! 

Not always sure this is the best idea as often the markets are so different.   

Make a deal with one of the other 4 tenants.

When can you but the “over the counter” tax deeds.