Lenders were using the DOS clause to call due mortgages that were issued with very low rates, thus forcing borrowers to refi at much higher rates; ensuring bigger profits for the banks.  

Check past landlord references and also ensure they can prove the work income with paystubs and tax returns.

OR I'd just own myself and rely on myself to get things done and ensure I'm not done-in by anyone but...  

I need to scale up my acquisition to ensure that that amount of capital be fully utilized specially if we leverage on credit partners to get our cash out of the properties.The Not So GoodTenant for Clarendon got delayed in paying $4,000 of his non refundable option consideration.

This means no extra rent applied towards a downpayment (which is financing) as part of the lease and no rent incentives tied to the exercise of the purchase option.you need to ensure your tenant / buyer is capable of affording the house and obtaining a mortgage (from a traditional lender) when/if they exercise the purchase option;the option consideration could be the downpayment (this may no longer be true under Dodd-Frank and/or SAFE act ... best to ask someone like @Bill Gulley) in which case you do not want to make it too large (3 - 5%).  

Taking care of my parents, siblings, kids, and grandchildren would not be an issue while I am at the company, but afterwards, it would be difficult to ensure that the wealth flows to the next generation(s).

It sounds like you need to contact the county and ensure that it can be used as a daycare given its current zoning.

Am I going to be controlling the bank account to ensure that rents are being deposited, bills being paid, etc.

Or, those who want to ensure they don't lose their hard earned money would have the motivation to actually learn what they are doing. 

Welcome to BP.I am sure you will find all of the resources necessary to ensure that you & your hubby will have the direction to make smart real estate investment decisions.I have found the brain power here to be awesome and sharing culture to be genuine.My personal story is that I have been a landlord & property "flipper" for more than 30 years.