Just connect with a good, active agent in your area and ask what's selling quickly.

Active investments will be along the lines of flipping houses, wholesaling contracts, and managing your own rentals.

This is one of a few requirements to qualify for what you are referring to as the "short term rental loophole".To be considered as materially participating in an activity, an individual must, under Sec. 469(h)(1), have "regular, continuous, and substantial" involvement in the activity.

To give an idea of the market here are some examples of recently sold and active coastal vacation rentals and their current and projected production: - Oceanview 4/3 SFR. 

According to passive activity loss rules, every business is obligated to adhere to specific criteria, especially when it comes to short-term rentals.

While their services may represent an upfront cost, the long-term savings and protections they offer can be invaluable in ensuring the profitability and security of your investment.

No, the vast majority of business's, including service business, start-up's do NOT clear profit day, month, quarter, year 1. 

I also have a plumber I use, but I’m not sure if they service your area, even though you’re only about 10 miles from me.

I know a few active investors that use exclusively private capital for longer terms - 3-7 years for example - and then they have a cash flowing rental without a credit check.

Or you can put your license on in-active and go about it the other way!