Im looking to purchase a 2 to 3 unit property with a fha or conventional downpayment 5% no debt 800 credit score.

However, housing WHERE you want it, HOW you want it, and at a price YOU want to pay, well that's goes far beyond a "right".There have been many many solutions presented to improve housing affordability, like revamping our asinine building codes, reducing the cost of litigation, rewriting insanely punitive legislation such as the CRLTO, providing tax credits or reducing taxes, and increasing subsidies while reducing the red-tape associated with using those subsidies.

Because I am thinking that a townhouse is not a terrible idea.

If there's no additional credit check fee for both the applicant and guarantor, then it's included and so it would actually be on the low side. 

They don't even pay ME, they pay Cozy for the background/credit check. 

I initially planned to leave my wife's name off of my investment ventures so that if something went wrong and I go bankrupt, it's just my credit that's affected and not both of ours.

  #1 Federal Historic tax credits will ultimately return somewhere between $15,000 - $18,000 in federal income taxes next year #2 Historic homes have character that short term renters value & will pay additional for in their short term rental experience#3 Completely remodeling a home with high-end finishes will probably not pay off for long term rentals, but does seem to in the short term market. 

I credit that to having a clear and outlined checklist for the tenant to follow during move out to insure they get their full deposit back. 

How many bankruptcies can I have before I’m considered bad credit?

I’ve had an easy time renting (low vacancy), easy time collecting money (low credit risk), and very limited damage.