Like in Austin during SXSW, musical festival, F1, just plain relaxing close to lake are few good points to stay in STR.

At least one borrower must occupy the property and sign the security instrument and the mortgage note in order for the property to be considered owner-occupied.

I was wrapping up a basement finish on my sister's house and getting an instrument rating for my flying, which are two very time consuming activities.  

These are quite different legal instruments. 

I love real estate.I work in sales and all my real estate experience has been passed down to me by my mother, a 25 year veteran in the industry.You will often find me reading, working, or making music!

A cross collaterized mortgage, (encumbrance of two or more properties under a single instrument set) is not a conventional structure.  

Do either of you have money in a 401k, IRA, etc or any other investment instrument that you can pull out for the down payment?

The bank person listed as trustee on the original deed of trust (assuming this property used a D-T as security instrument) would be the person with the answer... more so than the local banker, who is still important for approving the deal.

South End again has lots of restaurants, bars, and music venues.

You took action, so this is like great music to my ears...