But, I guess now I'll apply a debt-to-income ratio to their qualifications as well.

I have not included any debt payments of management(me) fees?  

Remember, most other countries don't have real estate markets fuelled by low interest rates and excessive debt.  

Cash flow isn't #1 priority, while obviously I care about it and I do not want to use personal funds to support my real estate investments, I'm looking to grow my total portfolio by acquiring and having tenants pay my debt.

The debt would go into both of your names.The other option would be what's called a "portfolio" loan.

hey guys i found this very motivated seller hes looking to sell me his two bedroom two bath family home for 15k$  He originally bought the proporty 4 years ago for 32k$ cash and has put 12k$ into the property the problem is ive just recently become serious about paying off personal debts and its effecting my credit the banks wont lend me a line of credit for 20k$ (5k$ incase of repairs)  and morgages are 25k$+. what should i do?

What price range is a good starting point I don't want to start to low and be trapped for maintenance repairs and such but don't want to overwhelm myself with debt to begin?  

By paying all cash up front, I've eliminated HML's, and the added cost.  

I don't know how a loan for 535k was originally pulled because the property is currently worth 380k. tops.Because the loan has gone unpaid for so long there is a an additional debt collector who we must go through.

However, this foreclosure debt was 'hidden' in trustee's trust away from heirs and was not listed.