My aim is to purchase properties with rental potential and hold on the houses.

Finally, what was your minimum cash flow you were aiming at when analyzing different multi families in your area? 

My 1st ever showing an older couple showed up and measured EVERYTHING like down to corners and even the garage..wtf?

However, my wife has 750 credit score so we aim to use her name for the first couple of properties.I was wondering what people's thoughts were on FHA loans for a first investment property?

This is just a stop-gap measure to give him time to sell that Kansas City rental house, clear it from his debt/income ratio, and then refinance into a 30 year fixed. 

Presently, I aim for a 50/50 split between physical REI and Stocks/Bonds/ETFS in both my taxable investments and IRA.Got more questions, want to meet people?

Forgot to mention that my next aim is to go for a small multi-family (2-4) property within the next year.

If you aim for less nice neighborhoods, your cap rate and C of C will be much higher but may not be worth the headache.

Materials can be a black hole so putting control measures on them in your contract is imperative.

@Justin HerringtonDid you measure the bedroom windows in that lower unit?