(I originally added them in to toss around the idea of an AirBnB). 

You do not need all this added complexity.

It was a 130K short sale purchase with 25% down payment but I did some renovations and we got it at a good price so I had some added equity at closing. 

It's often seems they put things up for sale with insane prices like CL sellers using free ADS, than pull them from the market after no suckers take the bait. 

If available get RCV added to your policy.BUSINESS ENTITY: Your business entity should own nothing and be the "Trustee" for all of your land trusts.PO BOX: Get one and have all business and tax papers sent there.

It was still warm here in Georgia so no need for extra heat and the gas was used only during the inspection. 

Great to see you adding value to the forums!

I would at a minimum make this a separate line item to be added to the purchase price to determine your total acquisition cost.  

Then I plan on selling it through contract with seller financing with a higher price to another buyer after rehabbing it and adding equity. 

I won't go with the riskiest opportunistic strategies, and will stick to core and core plus mostly with some value-added.