And you just discovered one reason some people use the auction method to sell property.

I found a short sale town house here in Tampa that I am looking into.

I wouldnt let the possibility of a short term vacancy affect my investment decision to buy a property Im likely to own for a decade or more.  

Growing up as a kid we always had 4-5 rental properties so I know that side of the real estate world, but recently I've discovered the idea of Wholesaling.

This time I decided after I pay for an expensive inspection and discover undisclosed, expensive problems the owner won't fix the owner gets a copy of the report via delivery confirmation.

I am looking to buy and hold a single family home via either short term or long term rentals. 

Read "Rich Dad Poor Dad" right out of high school and bought my first place shortly after while still living with my mom and going to college.

Short and sweet, I can do!

Say a $50,000 heloc will be assumed one day to have a $500.00 a month payment even though today it doesn't since its interest only and at a lower rate than say a year from now when it rises each time the Fed Reserve raises their short term rate.

It's just how short sales work.