One side issue, what if mom needs a nursing home.....I've read elsewhere that the Medicare folks are smart enough to ask: "does mom own a home or other assets that she should use to pay for her nursing home (and exhaust those funds) before Medicare pays more.....and they're smart enough  to ask "has she gifted her home to the kids in the last 5 years?

For #2, if you exhaust your traditional number of loans, you can just use a hard money lender or a non-qm lender.

Eugene,In the Insurance Industry the Term "Umbrella Policy" refers to a policy that provides additional Liability coverage once and underlying policy's limits are exhausted. 

I inspected every one to ensure that the pipe was not corroded or showing signs that exhaust gases could be leaking back into the unit.

I really didn't know what I was doing but, to my luck (after an exhaustive search) I stumbled across an agent that did.

They up off too much moisture in the exhaust. 

Ben S.You should exhaust your ability to borrow conventional money first.  

The BP folks say you have to keep looking, but honestly it is absolutely exhausting to not find anything day in, day out.

I'm exhausted just reading your story though.

Exhaust every mortgage lender in the areas you are pursuing.... the 2 year rule may have lean way if you are coming directly out of college and if you've already found a property with tenants that produces positive cashflow.