@Aaron Frances You can apply anywhere for HELOC.  

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Alternative: Rollover Funds to A Solo 401k & Take a 401k loan or Invest in Real Estate DirectlyIf you are self-employed (i.e. active self-employment earned income separate from your w-2 income) with no full-time w-2 employees, you can set up a Solo 401k and then rollover your 401k funds once you leave your current job [NOTE: You generally can't rollover funds that you saved to your current employer plan until you quit.].You could then take a loan of up to 50% of the balance not to exceed $50,000.

A few of my thoughts were, apply for a mortgage, apply for a second mortgage, or a apply for a personal loan.

I may be wrong but my understanding is that If the property has been recently renovated By the owner who owned the property before 2017 and you buy it now, the tax rate will be applied to the new valuation of the home. 

Their lawyer told me that the family would not be able to apply for medicaid for the mother if they sold the life estate for less than what the state deems it is worth using a table to calculate the value.

Every state and broker is different, so I won't share the legalese that I use since it may not apply.

Make him aware that you still have the final say and can apply force 

I would recommend making a written list of your own, then disqualify applicants on that aspect.Dear Prospective Tenant,Thank you for visiting and applying.

Start applying to every any any scholarship on Fast web. 

And if so, did they know you are applying for the loan as an investor, not an owner-occupant?