Then once it has past the qualification time period, convert it over to an investment property and do the same thing over and over again.  

I am interested in flipping (short term); and eventually doing some buying & holding.

We are on a fact finding mission to determine the best way to start a new company for short term rentals and trying to determine the best practices to do so.

Offer them a substantial non-refundable option fee to show I’m serious, deductible from purchase price, then use the option period to either find a cash buyer to flip it to or find suitable financing for myself to hold it.

Once you get under contract, then you buy a flight and do in person inspections, walk every unit, explore the market, etc.Also, your deposit is typically refundable for the first 30 days, which is your due diligence period. 

In a short period, she's already systematized my friends business and freed up his time enough to scale much larger.I know she's a benefit, but is there a market? 

Or, can I FSBO my short sale?

However in extreme cases you could be putting yourself at a larger financial risk.One important clause often missing or poorly written, from short investor contracts, is the defaults and remedies clause.

I neither have the time nor inclination to spend very much of my time engaged on this or any other forum so often what I post is a short version of what I share with clients and customers.

I'm guessing most people who do more than one or two flips simultaneously are doing hundreds of entries per month.On a typical project, I'll do 100-200 entries over a 2-4 month period, or about 50-100 transactions per month.