The split might not be great but it might be good to start getting qualified leads.

I don't think your second idea is bad to ensure things are found and documented.I ended up qualifying for a SBA disaster loan that helped when FEMA would not do anything since my properties are under a business.  

The hard parts are ensuring you can have a home that can be licensed for as many residents as possible (comfortably) and finding a well qualified operator to lease it to.

Keep in mind with the FHA loan on 3-4 units, there is a self sufficiency test as part of the qualifying portion.

If your property qualifies for a higher amount, the housing authority will let you know what they can approve.

My only idea so far is to cash out the contributions we've made to our Roth IRAs, and pull the amount of qualified medical expenses from our HSAs (total ~$80k).

Question is, how is he able to qualify for a mortgage if he makes no income?!? 

We find it highly unlikely that the Legislature, having demonstrated its strong commitment to the protection of tenants from unjustifiable evictions, would have intended to permit the eviction of an exemplary tenant solely for the reason that the federal government has found her qualified to participate in the Section 8 housing program pursuant to which the government pays a portion of her rent. ”)

How much equity do you currently have in the property, and do you expect it to appreciate enough in the next six months to qualify for a HELOC?

However, the use of the property as a personal residence by Person A might qualify Person C for a partial exclusion of capital gains if Person A met the 2-out-of-5-year ownership and use test before their death.