That makes zero sense.In terms of folks going the DIY route...

But, I don't believe a short-sale is going to be necessary.  

Do you think I should move forward given the returns once it is rented or is the short term loses too much? 

Has anyone seen any articles on this in terms of whether this is the beginning of a real estate market downturn or just a normal downturn due to it being a little more of the off season?

If the buyer's strategy is to hold long term, and they are getting favorable interest or payment terms, and the value supports, offering more than ask isn't necessarily a bad thing for them.

Rather, it will be considered earned income... and if you have losses especially the first year with a bunch of start up costs and depreciation... and if your money is at risk (let's assume Yes), then this business venture can offset (or add) to your W-2 income.This is how short-term rental loophole works.

We are wanting to buy a property (or 2) to start doing short term or mid term rentals. 

Short of the property landlord evicting/non-renewing their renters, you are stuck with them.

LOLLong term, especially in emerging markets where there is job and population growth, things will be fine.

We are both residential appraisers working the NE Florida markets looking to transition over the LONG term to replacing our modest annual income through small/mighty single-family by buying in the path of progress where prices appear to be somewhat undervalued relative to long-term upside potential.