I am officially paying off the last of my collections this thursday, and then Ill be collections free, and I can be debt free in less than 6 months after.I really want to continue expanding my businesses, as well as expand into RE, with a more heavy emphasis on RE than my businesses until the previous and current acquisitions stabilize and the dust settles.I wont say how much I make, just that I have the cash flow to very easily put down 10 and 20% down payments on houses every two weeks with ease.I really want to expand into RE in the baltimore area, fort meade area, Joint base Andrews area, college areas across the US, in Tennessee, and in Texas. 

Two young professionals, with decent income, minor debt, and decent credit should have no problem qualifying for a 1-4 multiunit.

Looking at your competition, what is their physical vacancy, their turnover (related, but not the same), evictions/bad debt, loss to rent (how many units are not renting at market), and concessions ("1-month free on annual lease).  

Lastly, 1. depending on where the property is located, you might be able to raise rents and still be inside the rent cap. 2. if the property currently has debt, most Agency debt have restrictions that survive the LURA and may further impact you ability to take the property out of the affordable housing stock. 3.Are you under and HAP agreement?

You personal debt to income is very high.

Here are exemptions to Due on Sale(d) Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

I've had credit for less than a year and haven't filed income taxes yet, my first filing will be for 2015.This way I will have the income, experience, business history needed to get loans and show operating capability, and I could use that company for all our real estate transactions.Another advantage would be having the manpower to purchase buildings and keep the management "in house", while at the same time having some income from the existing management  contracts they have in-place.I am looking for a company with at least 5 years in business, cash flowing 300-400K, healthy financials and no debt.

As long as the property is seeing actual cashflow each month, someone else is paying down your debt for you and you are building equity on someone else's hard work (tenant's job pays your debt).

To pay off as much of the credit card debt as possible.

You can rely on numbers that can't be fudged: Current lease agreements, obtain a letter of verification from tenants prior to settlement.