You or a corporation you form or LLC you form can be the Managing Member of one or all the LLCs.

Or properties that needed all new roofs, or all new windows, or structural damage. 

Should I talk to brokers, browse Craigslist, search Loopnet, or all of the above?

The broker I talked to last week handles mostly high risk stuff with smaller insurance companies, it sounded like it was something most or all of his insurance companies would do as well.Kelly

Not sure if you are asking your question in a general nature or specific to a property you are interested in, but for smaller amounts such as that, it might be possible to get some owner financing, or all of it financed by the owner.

They are going to use the bank/loan officer we've gone through for every house so I've talked to him and he agreed to let us finance some or all of the downpayment if needed.

Then rent out the other 3, or all 4 units and continue living in an apartment until you build up your savings.

You should also understand that in the majority of cases she can move some or all of the money to another firm, or advisor if she chooses.

Land contracts seem to vary by state.If you have an underlying mortgage, selling with a seller-carried mortgage (warp or all inclusive trust deed), subject to, land contract, option or a lease longer than three years all probably violate the due on sale clause.

If you owe the landlord any amounts of money for items that were your responsibility to pay as required by your agreement (written or oral) with the landlord.