The inevitable was that Bob was soon to be permanently locked out of the house after the Sheriff Sale and he didn't have a place to live and would be homeless. 

Target tenants are white collar professionals that 'permanently' live somewhere else, but are here for 1-12 months on temporary work assignment. 

Conversely a HUD designated 443 structure on a permanent foundation has a HUD numbers that is located on plaque usually close to the services like gas meter or electric meter.  

The all time high for student loans You are absolutely correct though that the permanence associated with buying is a huge factor.

I think on some level I was traumatized from those years and still haven't recovered (although that trauma was useful) - the way my grandmother was permanently affected by her experience living through the Great Depression.A $14M portfolio ain't the Rockefellers, but it's enough capital that generating over a million dollars a year in cash flow is not too difficult.

My wife and I are trying to secure our personal and permanent residence first (And I am ignorant on real estate right now.)To the question...

I was making progress toward obtaining permanent financing. 

Share a little of the returns, benefit from the wisdom permanently on everything.I'm assuming that you have access to the cash you would need to do it alone and that is a real option, since you're asking the question.

I have seen this before and it's not long before the whole works comes down.So my question is, has anyone seen a semi permanent (5-10 years) fix by buttressing the corner with steel.

Having an experienced Realtor to advise on this stuff is great, but not a permanent or realistic solution.