that 100k will be our down payment for our next home which will place our next home's budget within the 350-400k sale price...the X factor is my wife is pregnant with our second child. 

My daughter was born two months ago, our first child, and I want to be able to have freedom to be with her whenever I want as well as leave her something for some freedom of her own when she gets older.

This sounds like a recipe for a family fight later unless you are an only child.

It'd be great for a young couple with a young child, a single individual, a couple, someone looking for a yard for their dog that's fenced in....but the open master could turn away prospective renters. 

We figured we "had" to buy now because prices were going up daily and we would lose our chance.We lived in the townhouse for 8 years had a child there.  

Well, it was bound to happen, has been a few years, but we have the classic case of the tenant from hell in one of our units.Couple and child, dog and cat, in a good all tile, recently renovated unit.Problems began when we refused, not for the first time, the tenants request to modify the unit inside and for yet another sublet of one bedroom.

Real estate has been in my family since I was a child.

She's the only child and she said she thought her name was on the loan.

If the borrower is low-income and/or a senior and gets legal help, it could be child's play to rip apart the lender's foreclosure and loan.A lot depends on the agreement and paperwork the seller/lender has with the borrower.  

Now, if Mary Lou files against her ex-husband for back alimony and child support, costs of some failure to abide by a divorce decree then that may not be an amount that can be ascertained easily.