I would then plan to use this forced equity (since I plan to buy a fixer upper) to invest in another home.I have been constantly reading to househack right into the MFH, but this may take some time for me to acquire the money and purchasing power.

We both also have full time jobs. 

It hasn't been successful at this time. 

Repeat this strategy every couple years.If you really don't want to buy a primary residence and instead you want to buy an investment property then I would recommend a new build in Casa Grande for under $300k, this will require a 25% down payment and buying the rate down a little to break even on cash flow, but will be a very easy first rental property as it will be brand new and will not require any cap ex for many years and by the time it does require cap ex you will have raised the rent and gained enough equity to do a cash out refinance.

At the same time, notify both of them they they are free to apply for the unit individually.

(I'm thinking for general banking, checking, savings, etc.)I've been banking with Chase, and am having a nightmare of a time closing CDs upon maturity.

Really our goal has been to acquire 2-3 properties by YE...so still time to hit our goal! 

This is my first time investing in a new construction home and in the process of reviewing the contract with my home builder.

Is this a good time or should i wait.

If you take care of these items consistently you don't have much to worry about & will save time and money better spent being refocused on your real estate business.