Both of these financing can be obtained as long as you have good credit. 

Can her status and credit be of help as well?

One option is to give the front house a credit for water based on averages, but I don't know if I would agree to that as a tenant. 

I have found it is better to use a Broker if possible so they can shop companies, and shop every year vs using a captive agent that can typically only sell their company policies.While it is good to shop, not always good to go with the lowest possible provider on insurance. 

Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.

If you choose not to show up, he would almost certainly be awarded a judgement.Of course, you could choose not to pay the judgement, but then he can send it to a collections agency and your credit score will be trashed.I don't see a scenario here where you get through this cleanly.  

For me A or B grade means that you can get a tenant with a 700 plus credit score with an income well above the minimum threshold. 

Unlike traditional banks, which focus heavily on personal credit and income, portfolio lenders prioritize the cash flow of your property.

Fun fact, we have the lowest unemployment rate in ant top 25 major city.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?