Having purchased a four plex myself recently, I will say there are some challenges.  

One is subsidized and 2 have small children.  

Married for over 38 years, he has no children

Heck; my general feeling (having  been through the torture of the program) is that seasoned landlords should also avoid it like the flu.If you remain interested in this program try to find a landlord in your area who is familiar with your local housing authority that oversees the program; they can provide valuable information on how easy or challenging it is to work with the inspectors and caseworkers in your particular program.Good luck!

My question is if all of us children are on the title will the fed govt still be able to confiscate the house if we had to place her in a nursing home? 

I will challenge this- our market is hot, no question.

As an inexperienced investor, I plan to stay away from the more challenging neighborhoods in Newark and have so far focused on my immediate surrounding areas (Ironbound & Lower Broadway).

My parents were always able to make it to my sport games, and I would like to be able to do that for my future children as well.

Free and clear.Property titled in name of Mary Smith only, a married woman.Mary dies, husband receives a life estate, mother's natural children from previous husband inherit the "Remainder".Husband, who has a life estate, accumulates $150k in IRS liens.Do the IRS liens attach to the property in any way?

My hubby and I are self-employed and so conventional loans are a challenge for us.