You could refuse to join CTAR, but then you literally won't have MLS access.

If it has gone up and down rapidly, then that indicates a boom/bust market (typical in areas without a diverse job market such as areas where all of the jobs are in tech, energy, manufacturing, a single employer or supporting those workers for example). 

Hypothetically speaking, one idea you can each use an FHA loan to get properties, then move out and each use a VA loan on the next property.

If they say nothing then I would do 2 things:1.

Then selling with the equity built up to move into a longer term live in flip strategy.

But otherwise, a room just needs new sheets (we have extras ready to go) and towels, snacks, and then we quickly wipe and spray everything down, vacuum (doesn't always need it after every single stay) and we are out.

If not, then the 75% rule can apply but only to offset a maximum the housing expense for the subject property with no additional overage to help your debt to income ratio. 

If you are in Central Florida, then my company may be able to assist with boots on the ground.

From there you'll need to determine Debt Service (if it's a financed deal) and Capital Expenses, to then calculate Cash Flow.The Cash-on-Cash Return (CoCR) will just be Cash Flow divided by the All-In Investment (Purchase Price + Renovations + Closing Costs + Wholesale Fee).If you're wholesaling these deals, I recommend you aim to offer your buyers a Cash Flow of no less than $250/mo and a CoCR of 10% or higher.

@Jacky Fan Here is some more information on whether you can 1031 a personal house:https://www.1031exchangemadesimple.com/personal-residence.ht...The general theory seems to be that if your home wasn't used for investment purposes during your ownership, then 1031 doesn't apply.