He left the daughter with no cash-only the farm, balanced by a lot of medical bills.

can y'all recommend the best way to remove medical debt from credit report? 

If so, the home may still be eligible for the cap gains exemption for your personal residence.

I'm not familiar with NJ.PatPat-  You and I would have to disclose to future buyers however banks and government agencies like HUD and VA are exempt from seller disclosure laws

My husband and I both have bad credit and not enough income to cover current debts due to a series of circumstances with both our jobs... layoffs, medical issues which caused job loss, etc.

They got broad exemptions from planning and zoning in exchange for (supposedly) providing most public services themselves.  

You aren't a homeowner occupant, you're a RE dealer, operator, investor, so laws are different as to exceptions to Dodd-Frank, while you may have an exemption from that Act, you are still subject to predatory lending issues.

I knew that I would need to consult with a RE attorney to have the agreement drawn up, but I think that I may qualify for an exemption from Dodd-Frank because I am a little guy, (seller finances only ONE property in any 12 month period), as long as I complete a Seller Financing Addendum and adhere to Truth In Lending Act disclosures.

There's one piece of DC rent control laws that I've never quite been able to figure out.If I qualify for the small landlord exemption, can I increase the rent after a tenant goes month to month to whatever I want (and the market will bear)?

The medical school and law school students have been good tenants for us.