So given my situation... great credit, stable job, good source of income best bet would be conventional.

Your best bet, as I see it, would be to live there and purchase another property as a rental, or sell and move into something more suited for a rental/house hack.

A teenager and a toddler so you can only imagine how active and alive my life is.

And that extends to your employees.The one way you can get into trouble is if they are performing a "brokerage activity."

If you and your partner are thinking about house hacking by buying a multi-plex with a VA loan, make sure the brokers you talk to are well versed in those types of loans.As for managing while being active duty, it's all about building up your team and processes. 

The purpose of this reply is that the result of all that credit activity plunged my 800 credit score down to a 500 almost overnight.

It's been a little challenging to find a good realtor who is experienced and knowledgeable while also reliable and motivated enough to return calls/emails personally and consistently, and actively look for properties within my criteria, and go on viewings for or with me instead of passing me on to a "team member".

Also, always keep in mind your Passive Activity Loss Account, as this can help ease your mind and open up opportunities you may not have considered  

BP friends,I have been on the site for about four years, and somewhat actively posting, reading, and listening for the last year-plus. 

Good day everybody, as my title suggest I’m A active Duty service member and I am looking to start my journey to financial freedom by diversifying my income within real estate options.