I mainly think of my wife and children....What would be the bare minimum of what you would have?

If I were you, I'd focus on commecial assets (5+ unit multifamily) and possibly partner or JV with someone who is stronger on paper to outweigh some of your weaknesses.If you were targeting residential properties, you can also get a co-signer who can help get you over some of the barriers you face.

What financing challenges have you faced recently?

Tell that to the guy who just sold his SanFran office building at Market and 6th for $75/sqft.Tell that to the 30 hotel owners who are facing foreclosure.   

.- It barely squeezes out any money per month. 

Quote from @Lindsay Tucker: Renting by room for 4 different tenants who don't know each other invites extra issues, headaches, in-fighting, and additional variables you won't likely have to face if you have one lease for all 4 rooms.

Have you guys faced any similar situations or any words of advice?

He states: "I am facing a foreclosure on both of the remaining properties.

I live comfortably and have never faced financial struggles.What are my options for finding the right market and potentially securing a deal in this situation?

There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.