The short version is he would handle managing the rehab and contractors etc, I would make an initial loan to the company and acquire both the short term money and long term refinancing money, as I can still get the conventional since I’m under my 10 limit.

There are short term and long term options with lenders whose loan amount is 50k you just have to make sure the value is there

Hello, I moved to Boise, ID 7 months ago and am interested in the local short term rental marked. 

Second, the long pole in most of these transactions is the time it takes to do a title search and the deed recording.There's a lot of promise for smart contracts in the space, but I wouldn't trust any smart contract for such a large transaction in the short-term.

Will they accept a probate short sale?

@Jared Baker short answer Jared, continue doing what you're doing now.

Most people with short tenancy just need items stored for a few weeks and the free first month types of ads mean you won't actually get paid at all from that tenant.....or worse, they'll come back month #2 saying "it cost so much to move, I just can afford to pay Xamount for this unit.

I also did a BRRR on a townhome I bought as a short sale in 2012. 

Short answer, if the HOA foreclosed and now the mtg holder is foreclosing, you will indeed get proper title. 

Ultimately, I'm not too concerned with short term price fluctuations - it's about having the liquidity to survive a 3-5 year recession and the associated declines in rents.