(Think about surviving vacancies and evictions)Don't think that's the right way to go?

We only currently make enough money to survive living with family as we have 3 (almost 4) children and since he goes to school and his job only pays him $10/Hr at 30 hrs a week.

Houston, etc)I'm currently in learning mode and seeking a mentor.  

This must be your first rental if it isn't how did you survive this long.

Google the name and town "John Smith Jefferson OH" and sometimes you'll find an obit with surviving family. 

Life is survival in some ELEMENTARY schools.In Wallingford, the kid's eat expensive organic snacks and wear name brand clothes.

The rental model is already established and I've seen it done all around. 

I was having a rough time making enough money to survive and ended up leaving real estate.  

If a bankruptcy were to occur, not only will the legal structure  of the investment survive, but they have also specified a new administrator in advance.

During the financial crisis & real estate meltdown, many solvent companies/people went bankrupt because they didn't have enough liquidity, and therefore defaulted on their obligations, and some/many (technically) insolvent companies which had a decent amount of liquidity survived the crisis.