As a first time host, I would recommend Avery Carl's book, Short Term Rental, Long Term Wealth.

Our home is accessible to major freeways, and shopping, and about 15 minutes to the DFW International Airport.Major employers nearby: Sabre, Charles Schwab, Deloitte University, Fidelity Investments, Travelocity, Amazon, and Wells Fargo.For the active lifestyle, within a couple of miles, is a tennis center, pickleball complex, baseball fields, a community swimming pool, walking trails, and a community fitness center.CRIME RATES:It is considered one of the safer cities in the nation where crime rates are well below Texas and National averages.LEASE DURATION:The residence is offered for short-term leasing with a minimum rental period of 30 days.MISCELLANEOUS:We offer initial sets of bed linens, towels, and essential bath items.

Some states have redemption periods after the sale (I don't know if Florida does) If the owner files for bankruptcy even 1 minute before the sale, that stops the sale or reverts the sale, depending on timing.

Crystal View is quoting TARGET RETURN 12-15% IRR and 1.5x MOIC, period 5-10 years  It looks like they focus on mobile homes and self-storage facilities.

I am exploring both short and long term investment as an out of states investor and trying to understand between Cleveland and Columbus OH.I have been learning these two markets are appreciating and have a good cashflow.As I am new to these two markets, I would like to learn which markets are providing a reasonable cashflow while up potential of appreciation for next few years.between these two markets, which ones are suggested?

Last year I pushed the button and bought a house in San Diego which I've been using as a short-term rental and it's been doing pretty well.

Short answer: noI haven't looked at your other posts, and I don't know anything about you, but this does not seem like a good idea

I assume that once the foreclosure department and short sale department connect, they will opt to go forward with the sale.  

Pulling Equity will affect CF in the short term, but may allow you to leverage into additional units adding cash flow & equity over time.

We will visit there once~twice a year and meanwhile we want to rent it out as short term rental. ( we are thinking of Florida and that market seems slow these days ) we are in CA.