Ok, so maybe its not completely unique because I have seen a few other similar posts but none that seem to match up exactly to mine.I'm a newbie looking to get into the rental business.

Your combined owner occupied/rental property presents a unique set of circumstances that your advisers can best address.LLCs cost different amounts and your ability to borrow money in their name is very different from state to state. 

No one made you take out that much in student loans, you two chose to do so and vouched for the repayment. 

Houston is quite large and diverse, with each area offering something unique. 

Yes""Well I would like to offer your students a unique educational opportunity in building trades.

I lend money to the corp. to buy houses and the corp. are supposed to repay me in 20 years (5%) per year with a small 1% interest only due in fine (after 20 years)I started in october 2013 buying two houses for 80 k$ each (one in stone ountain Ga, the other in Riverdale Ga); it was not a great move.

He just will make you initial contact for you and say "hey this guy has an offer, but it's a little unique so he'd like to discuss it with you directly does XX day at XX time work for you?".

The first question a mortgage underwriter asks is: can the borrower repay the mortgage?

The less than 50% of debt would also have to be something that I would be able to pay off very fast, i.e. if I thought it might take close to a year I wouldn't be interested (note: this debt repayment is calculate by my work checks and is completely independent of the investments performance or lack there of).

. - Order of repayment (who gets paid first), who has first title holder rights, etc. - Timeframe funds will be tied up.