And then go back to the broker/lender once you are serious or have it under contract about the deal for exact rates and terms

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

If you proceed with a deed transfer, structuring ownership via an LLC or legal agreement can outline buyout terms, profit-sharing, and future equity splits with your father and sister.

If not, at least make sure that you get a term sheet.

Be sure to calculate the impact this might have on your ROI.Fees: Be prepared for additional fees, such as origination fees, appraisal fees, and possible prepayment penalties.Things to Consider:Loan Terms: Understand the interest rate, the loan term, and any repayment penalties.

I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but the repairs can’t wait.  

I'm a long time lurker and first time poster. 

It is in good condition and centrally located to shopping and the base so I'm surprise that it has been sitting this long. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

2)  How long have you been STR investing?