This will allow you to take deductions against your ACTIVE income (W2 paycheck).

I personally recommend the Conventional 5% down program for a 2-4 unit primary residence--this allows you to get started with very little funds and take advantage of primary residence rates while still becoming a landlord right away. 

Some lenders may allow you to use funds in retirement accounts (like IRAs or 401(k)s) as part of your reserves.

Since you are describing the property as a large single family home, I am concerned you may not be allowed to operate the property as you wish. 

However, I am struggling to figure out how to raise my credit rating to find a lender that would allow me to refinance the beach house so that I can pull out money to pay off credit card debt.  

I am not sure if you are an American Football fan, but the term that comes to mind is when the punter kicks the ball "too well" and allows the return team time to set up a solid return.

It allowed him to keep him and his guys busy during the slow winter season and probably to have work to do during other periods of bad weather.

They have the lowest rates we can find and since they are 30 year fixed...they allow us to cash flow better...which helps us qualify for other loans later.

Further subsequent improvements to the self-showing lockbox technology and data also allowed for deep pre-screening of residents while also streamlining 24/7 access to homes.

If the zoning allows it and if the area suits it you can try looking into an RV park!