If there is enough equity at the 6 month mark you could do it then but there may not be much of a tangible benefit unless there is a PITI savings.If you are able to do some renovation in the first (6) months it might be possible to do it on the 6th month mark based on a higher renovation ARV.If you have any specific questions feel free to message me or reach out I am always happy to help and talk REI.

Those use a AVM based off Zillow or electronic records on file.

I'd recommend looking at Kyle Stanley's 'Fearless Flipper' on youtube - he's based out of Fresno.

where's the city this is based in? 

We might be able to give you some more advice based on that location.What time of year will the folks be staying there?

I know I will eventually be looking into Disney but I've always been curious about overall annual cashflow being that the market is based on nothing but the theme park market. 

The denial was based on the following reason:"The proposed use Visitor Accommodations is prohibited in the RM-1 Zoning district per table 14-602-1".At this juncture, it seems my next step is to appeal to the Zoning Board of Adjustments.

I was looking to purchase a beach house some where in North Carolina so I could be close to my home base of Charlotte, NC and not feel like when I returned, I would need a vacation from my vacation..

My numbers are conservatively based on 3 STR's I already own in this market.

If they buyers back out based on one of their contingencies, you'll have to pay it back.