In my opinion, yes, it can be done, but you're looking into a bigger mess as far as the government is concerned.Lets preface this with I don't know exactly how this works either, but after a certain amount of people are involved you have to report as a Real Estate Investment Trust (REIT) and have to file extra forms related to your business and also after a certain threshold you also need to report members and their distributions to the Securities Exchange Commission (SEC) so they know as well.Being young (as am I) you are going to run into a lot of dead ends trying to apply for a residential loan with a business name.  

Some people have told me that the government requires you to live in that property for 6 months.

Please share information about potential sellers, property management companies, lawyers, government officials & etc.

I think that San Antonio will be a good place to be for years depending on any changes that the government does in the future.Since you and your wife are working you might consider financing good people that have been turned down by conventional financing that are still good.  

Additionally there are government programs to at least mitigate the effect of temporarily being unemployed, however there are no government programs to help you recoup a failed investment.2. 

I have zero experience in real estate, but I can honestly say nothing has gotten and held my attention more than this subject.I am a management & program analyst with the federal government right now.

I have worked in Fl. as a government and private contractor so I know the prices there.

My sister does not declare depreciation on her rental because she is "as good or better at filling out the taxes as most CPAs" and "the government always gets paid."

After that's paid, I'd do the same with the government student loan.  4.  

The information you need should be available on line, All state/city landlord tenant regulations and codes should be readily available with a simple search.You need to know all the codes governing your business so you may as well start studying now.