Would you still be able to qualify for the home possible program as an owner/occupant multi family?

All other debt will probably give you negative points when loan qualifying. 

What do you recommend doing to get good credit and how long will it take before I can qualify for a mortgage?

What do you recommend doing to get good credit and how long will it take before I can qualify for a mortgage?

It’s advisable to get preapproved first, takes about two days tops, you submit w-2’s, tax returns, bank statements....this way you Know what you qualify to borrow.

Here are some relevant threads that will provide some questions you can ask:Private Money Lender – How to Qualify the Lender?

I am born and raised in this area so I feel I am qualified to tell you what is ******** and what is truth.

They will be able to quickly give you a sense of what you qualify for and -- if you don't qualify -- how to go about saving and paying down debts to qualify.Any good agent should have a list of trusted agents. 

Another thought: if I am not mistaken, you can buy in Ypsilanti Township and qualify for a rural development loan with 0% down.

I am also assuming your RE investment activity actually qualifies for the deduction.