If your name is currently on the loan for your home from before you were married, then you're already obligated on it in terms of qualifying.

However, most value-add or stabilized deals I've been (passively) receiving from brokers (both on MLS and pocket listings) have been terrible lately in terms of ROI (50-150 units) - from my limited vantage point, everyone is still overpaying. 

In terms of cash flow , the numbers do look good. 

-After purchasing the primary what should be my next step in terms of confirming financing etc?

Obviously I'm still fresh in the game, so I'm considering all my options in terms of investing, but I had a question for all you reading:If you had to give a one-sentence piece of advice about REI, what would it be?

I am a non occupying coborrower, on a rate in term refi, attempting to purchase my first home.

Hello everyoneI am a non occupying coborrower, on a rate in term refi, attempting to purchase my first home.

You'll probably pay more interest, but it sounds like you'd save money on the Cash-out in terms of rate since it may also lower your current first lien. 

Your absolutely right though in terms of screening thoroughly.

In terms of partners, look for people you like, you trust and you would definitely hang out with.