How do I get around my debt to income ratio now that I already have a brand new mortgage, car payment, paying rent, and college loan but a decently high salary? 

My interests are not only limited to real estate, anything that produces income will intrigue me.

@Patrick Philip You will be looking for opportunities to increase income or decrease expenses.

The guy who had power of attorney for the sale told me that the old lady who had the house kind of lost it and filled the truck top to bottom with household trash that had sat in the truck for years.

Interested in how to rehab properties and buy and hold for rental income and also to assist other sellers who need an interior decorator to organize, stage and prepare pictures for their open house. 

Choose cities in safe and economically diversified areas with above-average income and population growth. 

It's a traditionally very low income neighborhood.

@Crystal Wilson so the job and income from it is probably more important to getting conventional (30 yr fixed) loans than anything else (even down payment).

From financial prospective it is better to buy a 4 Family house - this way you would live in it for Free while your tenants are paying your mortgage (you may even earn some extra income).

i would concentrate on the first property that's almost ready and get it done and rented so you have some income coming in. as long as you can afford to keep the other one then hold it.