Due to that my debt/ratio is too high to get traditional financing for any deals.

Raise both the debt and equity yourself?

Credit score in/around low 700 but debt-income is too high to purchase a property on my own.

Since I will be accruing a large amount of debt, and I will not have a steady "income" I doubt I will be able to obtain approval for a mortgage on my own.  

debt is something that nobody ever thinks about until it's a problem........

The ones that do, I think would charge such an exorbitant amount that Im sure most of your prophets would go to the debt service.  

 $36k purchase + $35k renovations = $71k total investedSo simply 2 houses creating roughly $600p/m cashflow$35k in business debt$6k in cash but will be at $5k by August 1st due to holding costs on Property #2I'm kinda sweatin it to be honest. 

There are a lot of things to consider, but if the building has been properly maintained over the years or professionally restored then there shouldn't be anything to be concerned about.  

@Charlie ClaxtonHave you looked at agency debt (Fannie, Freddie), life insurance, or CMBS for long-term debt after the property is stabilized (need 90% occupancy for 90 days for Fannie)?  

Working in the oil industry has allowed us to rid ourselves of debt (Not counting current mortgage) and begin saving money the last few years.