Processes have been set up to provide a degree of protection to parties  involved in subject to transactions.  

You reference taking out a HELOC and those are generally provided when the property is in your personal name, which I don't recommend for investment properties.Overall, it sounds as if you're tired of dealing with "long distance" ownership.

If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

They aren’t able to get a mortgage themselves so they would provide the money while the mortgage and deed would be in the others name.  

Patricia,I wouldn’t rely solely on the seller’s agent, as they are only sharing information provided by the seller and represent the seller’s interests, not yours.

New here to the forum and I am currently looking to invest in Ohio for the purpose of providing section 8 housing. 

If you don’t have a large down payment saved up, don’t worry—there are plenty of options available . . .”A trusted lender will go over the various loan types with you, any down payment requirements on those, and down payment assistance programs you may qualify for.

Some level of protection will almost certainly be provided as opposed to some sort of outright ban.  

Did you have to jump through so many hoops and provide this level of personal information?