I'm married with two children, whom my wife stays home with.

If he's married he can use the $500K exclusion. 

3 applicants - 2 married, 1 individual.Applicant 1 - good credit, no income (wife doesnt work) good rental historyApplciant 2 - good income(verified with bank stmts) self employed trucking co,  SS # provided comes up invalid, goodrental historyApplicant 3 - good income, just bought house this month in another state (verified) and says he will be back and forth from there.

Married with 2 small children.

If you are married, it begins at $50k and completely phases out at $75k.

What I know is she is an elderly with high probability of children, not currently married; possibly widowed, so.

@Todd Jackson Yes, actually I married one!

if you are married but all of your investment property is in your name only, and you and your wife own property as tenants by the entireties all of the property held in that fashion is exempt from creditors that only you owe money on.So if your spouse is very afraid of the debt associated with rental investing you can do it only in your name and keep your house and and other fully paid off real estate in tenants by the entireties and if she does not owe on the debt then it is exempt from creditors.

I'm not married to Plano, Allen, or Wylie.

We got married last year at "Pretty Place" chapel and had our reception in downtown Greenville.