You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.

Gator most of the risk is on the person providing the earnest money.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Yes I have known it to work because the owner is not a push over, enforces policy and can make it run good......however, do you have the right personality to do this, AND if you move out can you continue to have the house run smoothly with no one in charge.  

Are you interested in S8 because of a personal reason or you think it's the next "hot" investment idea?

Even when I did reach them the first time,  the other person on the other line sounds like a moron who doesn't know how to help. 

Personally, I've felt the investment has been poorly run in almost every possible way.

Yea this is a long-term personal play more than a strict STR deal. 

I personally started in my local real estate market in Columbus Ohio.

This will allow you to remove the person and do the financing on your own.Home Equity Loan/Line of Credit: Since you're looking to access equity, a home equity loan or line of credit (HELOC) can be a good option.