Your knowledge and his drive is a successful combination. 

They have low end jobs, but their combined income is about 2.9x to 3.1x rent.

The environment is a combination of instinct, fear, demand, people requests, knowledge, etc....Sound like crazy talk but we myself and I tend to over analyze a process before we put our-self in the process.Frank

Next, the IRA Custodian and the entrepreneur combine forces.

I fee like combining my passion for architecture and real estate investing would really allow me to experience the world in a whole new way. 

I figure with the remaining $125k or so from the sale of my townhome I can purchase a combination of small rentals for cashflow as well a a small flip or two for additional working capital.

You can't combine the mortgages.If you have enough down payment, then it is possible to do a simultaneous buy.

The bones appear to be good on this home and will just need some help with cat pee with a combination of a few tactics I found on the forums here.

I would have enough to buy about 4 properties in cash if I draw 75% of the money out of 3 out of the 4 houses and combined with cash on hand. 

The combination of good jobs in a diversity of industries, favorable climate, and liberal policies have been attracting people from all over and there is no sign of this trend stopping.