Just a quick overview though -- VA Loans are intended for Veteran Owner Occupied properties and have several regulations.

I also want to know where I can find information about first time home buyer grants, I've tried looking on government sites but came up with nothing.

DTI is different depending on the loan type, governing body, and bank.  

I'm searching for a program, possibly a government backed/grant program that would loan money to purchase and rehab a property with a portion of debt forgiveness in order to make it profitable for the rehabber yet keep the purchase price low enough to bring in end buyers in a neighborhood that is prime for growth but needs a little help.

I think now with the new banking regulations you would be hard pressed to pull this off, but loopholes can exist.  

The party wall agreement would govern modifications to shared parts of the structure.  

Here is some background information: I purchased my first property in 2010, a three-level townhouse in Sterling VA (Northern Virginia, so pretty hot real estate market), close to a community college, plus there are quite a few government contractors and IT companies in the area.

We will be filing this offering with the SEC and complying with all regulations.

VA Loans are intended for Veteran Owner Occupied properties and have several regulations.

Currently I am working with an agent and looking to acquire my first property with intentions to rent the home out, however before I purchase I would like to get more insight on the rules, regulations and responsibilities of being a landlord.