I'm psyched to put a significant amount of my net worth on the line, in fact. 

Anything along those lines.

It's all fun and games until your bank freezes and converts your line for any number of reasons that are in the loan agreement.

I assumed some would need replaced, which would be okay, but I would hate to see it all trashed.I guess in that vein though, I hear that a lot about LTRs -- the horror stories -- and we have been blessed with amazing tenants (generally) so I was thinking it would be along the same line where it would be something where you would want to charge high-end and screen intensely to try to get a tenant that just is transitioning and can benefit from the furnishings.I know that could still happen though, even with all the precautions you can take, so it's something good to consider! 

Building a relationship with local real estate attorneys or agents specializing in STRs in the area can save you headaches down the line. 

If your bottom line is so tight that you are hand-wringing and making forum posts asking about a second colander, the problem lies with you.2.

A line of credit won’t commit you to a monthly payment unless you use the money, so you can avoid paying interest when it’s not in use.

Is it possible for her to buy the house/land then we subdivide the property (property has an approved preliminary plat for subdivision into 2-3 separate lots, electrical and pluming lines have been put in place for future development).

But if I were you I would be making a immediate bee line back to the property (xmas or not) to figure what the heck happened and quickly make an assessment to get the property back in condition. 

I set up my daily time blocks on GC and watch the ted line steal my day away for motivation.