Holding EXEMPT (from bankruptcy forfeiture) assets, holding assets in exempt entities (retirement accounts, pensions, IRAs, in some states insurance and annuities), homestead exemption, remote entity protection (LLC, Serial LLC, Corporations, Limited Partnerships,) Asset Protection Trusts, using separation of assets for married individuals (in certain states) charitable remainder trust, etc. can be very effective though can be costly. 

This Spring the inspection scheduler "Beverly" retired and the whole program moved to a 3rd party contractor out of California who now handles scheduling (with the expected miscommunication and inability to make quick decisions resulting).I have been a supporter of LMHA and the Section 8 housing choice voucher program here in Toledo, Lucas County, Maumee, Perrysburg, and surrounding areas but the program really is now costing far more than we get out of it.

I had the same situation last year with a property bought through Rent to Retirement in Detroit. 

I had to basically start from the beginning again bc the attorney I used for the longest time retired and my original post was basically like starting over--creative financing is foreign to most now.

You could build up quite a portfolio by the time your husband is ready to retire without having put anything down. 

Stay liquid and build cash.The holds that will allow you to retire and put your kids through school are def not these first two.I price out hundreds of DSCR loans every year. 

A good HI will go over your house with a fine-toothed comb.If you can find an Ex (or Retired) HI that is also Certified, that would be even better, since they will understand the structure/electrical/plumbing systems in more detail than a regular HI...

I kept quite a few, but would be retired had I kept them all. :(  

Income alone is not a determining factor, as any truly Good co-signer will have a lot of assets...perhaps paid off home, 100K or more in cash equivalents, they may even actually be retired.

Many older owners bought new when starting retirement or before and have aged along with the complex.