He or his lawyer is saying inability to pay and also dismiss the possession of property and he hired a probono lawyer & also asking for lawyer cost in the appeal.

Can you reach the husband and/or his lawyer?

I feel like my lawyer has advised me to get yearly leases and banks (when looking to gain more units in the future want to see annual leases).

I heard the BP episode featuring a Chicago lawyer and investor.

Here is the proposed language (which I do not believe has not been run by a lawyer and seems not totally thought out...)

So if I were to lose this money on a bad deal, I wouldn't have any money for my lawyer's fee during the divorce process because that's where I'll be if this doesn't work. 

If it is on a cocktail napkin or some other form I am going to recommend you have your lawyer read it first.

i always recommend folks give the OREC forms a try,  they are pretty good and several lawyers are involved in reviewing them as they are put together.  

contact a lawyer....and/or get that in writing from them

Connect with other investors face-to-face as much as possible.Also, assemble your power team: *Realtor, *mortgage broker, *lawyer, accountant, contractor, home inspector, insurance broker, mentor.* = must havesHonestly, a mentor is a must have too, but if you're not ready to pay for one, a good mentor can be hard to find.