I think our debt to income ratio is right around 27%)also i forgot to mention that we have 5k in both accounts for both properties as emergency funds in case the unexpected happens that we never touch.That is a little financial statement of our life and that doesn’t include my wife’s income which she is getting ready to start earning once she finishes her certification and starts her own practice which will make her income range anywhere from 20k -25k the first few years as she is getting some traction.

First, get a survey or an "improvement location certificate" to see what's really going on.  

The licensed contractor should provide you an insurance certificate.

On an off note, Van Buren Twp doesn't require a rental certificate of occupancy.

I already have my certificate for the required training course.

If you hold these certificates good for you, if not, you need a contractor.The question is do you need a contractor?

Jake I'm assuming it's the certificate of occupancy.

In my area (Bay Area, CA) $5k doesn't buy much but it is plenty to become a well informed, well educated, and well certificated professional. 

I wish you tons of luck and hope to hear from you soon about getting your certificate/diploma!

Here in CO, "improvement location certificates", sort of a mini survey, are often required.