When these newbie investors I've helped...get deals they don't know what to do with (or they don't have buyers for or capital to acquire these deals with), who will they call for help or do Joint ventures with?

Since you're speaking of non-monetary default, this may not apply to some joint venture where other performance may be required, but even in those cases, any partner/lender can not simply begin foreclosure without making a demand to cure the issue.

If you are single or married filing jointly, you may use the full $25,000 allowance if your MAGI is $100k or less, meaning if you have a $25,000 rental loss for an RE activity in which you actively participated in, you can use the entire loss to offset your ordinary income.

Maybe, you should find some people who will joint venture with you since you've obviously found some success!  

Here are some of my questions:1) Applying Jointly - are we likely to get better rates filing for our loans jointly?

http://www.biggerpockets.com/rei/Let's just brainstorm some possibilities for you.One, let's say you have some money, and you want to be a passive investor, so you can be a private lender, or a joint venture partner, or find a turnkey privately managed rental (assuming you have a down payment and good credit and a job)Two, let's say that you have some IRA money, but you can't touch it.

I would recommend the lease option approach with a healthy option fee.  

Unfortunately, with the rental landscape here in Seattle, WA area (it's scary aggressive and expensive), it's difficult to locate a place that will be available a month from now, much less 2-3 months (even if you pay a healthy deposit).Does anyone have any tactics they are willing to share to help alleviate my concerns of possibly having to live out of my car?

The property would be owned by the one LLC.The other way is the property would be acquired jointly in the names of SDRIA1 LLC and Child1 ESA and Child2 ESA.  

Don't know what you found on the internet, if you were on the note and in title most likely you're responsible, jointly and severally and then minimum time is 3 years, that is after reestablishing good credit in housing as well as all other debts and the cause being beyond your control, like medical bills and then bankruptcy. 7 years is the drop off point, someone who was just negligent will be waiting 7 years.