Is there any strategy to preserve the equity in my mother's home that would not be undone by the 5 year Medicaid look back?

I also work part time at a small laser optics company.My real estate experience is limited in terms of buying and selling, but my mother has been a licensed real estate salesperson for 17 years so I did grow up in the business.

We here refers to my mother and I, where my mother is the main borrower. 

I just moved into my first house this past December which I co-own with my mother in law.

My partner and I own one, as well as his mother.

The mother was on the title along with one of the brothers.

If you are able to buy a single family home, you can rent by the room long-term, or if it has separate living space (basement, mother-in-law sweet, etc.) you can Air Bnb, and likely cover your mortgage and potentially make money while living there, especially in a hot market like Austin.

Either rent out the rooms individually, buy a duplex, triplex, or fourplex, or a house with a mother-in-law.

Your mother inherits a $300k house and lets her nephew assume the mortgage for $50k.

I would bid based on SFH and consider it a mother in law bonus space.