But a 10K due diligence fee, I couldn't even imagine losing that kind of money.  

Finding genuine, helpful info is harder than I imagined.  

You would imagine if someone says they need to close fast it shouldn't take that long.

It is 6 months, so through November.I'm not familiar with selling to an investor 'subject to terms,' but I imagine I'm open to it as long as I can sell the home.The home was previously a rental home and I actually did not renew my tenants with the intent to focus just on selling it.

I would imagine that you finding the property on your own, negotiating the deal, etc. would keep this separate from a traditional agent agreement.

As you imagine, without a track record, that would be hard.

Then again, you're considering a starting bid at $395,000, so you could have financial means way beyond my imagination. 

-----------------------------------------------------------------You can also call St Pete's Code Enforcement at 727-893-7373 but I imagine they will tell you it is not allowed.The state law you are referring to is SB 356 http://www.flsenate.gov/Session/Bill/2014/0356/Bil...The main point being this:"(b) A local law, ordinance, or regulation may not prohibit vacation rentals, or regulate the duration or frequency of rental of vacation rentals.This paragraph does not apply to any local law, ordinance, or  regulation adopted on or before June 1, 2011."

We both work full time jobs and have 2 elementary school ages kids so as you can imagine we stay really busy.

That said, I can imagine there are specific times where you can pick up a great asset, perhaps in a great location which can be bought and resold at a profit.