I would also share pros and cons of paying taxes on the windfall versus owner carry.

Owners are unloading their STRs due to over saturation in this market.  

As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.

@Chris Seveney What is their name, and what types of owners/realtors have they called for you?

My business partner does a lot of work for UB property owners and shares some pretty rough stories with me.

it will be a corporate/wellness retreat/short term rental destinationI need land that is close to the Action, but not too close, and preferably comes with two single family doors already built, so I can take advantage of Fannie Mae owner occupied loan and develop the rest of the land on my own and with private funding.Is Columbus a good market for this strategy?

Hi Jenna, I am the Founder & Owner of REsimpli.

You also cannot use a second mortgage (from HML/private lender) for a 2-4 unit non owner property. 

They are thier competition and I know the owners.

The current owner has to dig the floor out and replace the floor to meet spec.