I'm sure it will lead to many more!

If you do want to pay down the debt more quickly - and I have done this - then you can set up periodic auto-payments from your bank.

I have one now just doing data entry of incoming leads and have used others in the past for various tasks but nothing regular. 

friends and family are who you start with when your credit is bad and you have debt..

I have $35,000 cash, no debt, my wife and I have 720-740 credit scores, and we have approx. $85,000 household income.

Don't get me wrong, I love my day job, but I know that the job market can get rough and lead to layoffs.

We'd also pay off our ~$70k of student loan and credit card debt.

Im seeing very little in the way of cash flow properties but wanted to seewhat you all though about my inputs.Im making a few assumptions mainly looking at multifamily up to 4 units with 10% down (I know this is low but I've found banks that'll do that in my market for properties under 500k) then I account for maintenance/debt servicing from past experience (wondering if people have a better way that would take into account property age and condition for maintenance estimates), finally I set vacancy at 1 month a year (not sure if that is reasonable either). 

Comps on the market lead me to believe I can rent each unit for $1,150 while still paying for heat.

You did not mention the age of the property  you are looking at and that could make a difference if anything might need special care today like asbestos, lead paint, and the major draining system.