My situation may be unique but they're worth checking out.

.- My DTI is 60.4 at is highest- After talking with a mortgage broker I am looking at the approval of about 100k-120kNow my goal is to purchase a multifamily property that would do at least two things: [1] Pay for itself with me living in one of the units [2] cover all expenses of home and personal.What would be possibly the stronger avenues to explore when getting financed regardless where I by my first multifamily property?

My wife and I both work, so I will be exploring opportunities that are more hands-off, rather than trying to flip properties for quicker profits.  

As Russell says it is "very strict", and again, because it's unique to Maryland, most investors and teachers outside the state have never heard of it, much less know how to deal with it.

Explore more options for hanging your real estate license!

I have been active on BP for more than two years, and this is the most unique REI plan I've heard about here or anywhere else.  

Thank you, I will go and explore all the suggestions. 

These broad rules of thumb make for fun blog posts, but are too general to apply in practice, and every deal is unique.  

I don't think they have ever explorer the possibilities of the property being in his name through an LLC and simply having his sister or us with a power of attorney to solve any issues on his behalf.

I am seriously exploring a BRRRR STR on a SFR in San Francisco which started out as a LTR.