If we did a deal like this I would want to use private capital (short term money) complete the rehab and get the rentals rented in 12-18 months and then get a bank portfolio loan.

In short, I see it as a great place to begin a real estate investment business. 

Looking for anyone with experience with short term rentals in this market.I'm considering starting out small with a 1 bed 1 bath condo that will have a small mortgage + HOA fees.  

Plus, during the restoration/renovation process, if unforeseen things are discovered, they'll submit a supplemental claim to account for any additional cost.

In short, reading quality books and networking locally are two of the  most impactful things you can do to be successful!

In short, she was not truthful or accountable.

Either way I don't think anyone would be able to give you much help unless there were more info to be had.I would be extremely skeptical of someone that would say you can double your money in such a short time.

A short sale? 

If you can't, just proceed without them until you find a great one.In short, I think you have 'analysis paralysis' and think you should just start.Actually... now that I said that I do have to criticize your list a bit.First, as someone said earlier, establish what your goals are.Second, pick a market.

They did everything they could to discourage rentals short of banning them which would have cost too much to file the legal documents.