My home is worth around 215k and I owe 127k.  

If your tenant has a credit score worth maintaining they will not want an uncollected judgment to be on it.  

but isn't that worth interrogating a little bit?

Will you "freak out" when you have to write a check for maintenance or eviction?

They have properties worth $200, 300, 400k and their Tenants are behind, way behind.

HI @James TobinAs you get into the RE market, regardless of where you choose use this website as a good starting point to find out what the areas are likehttps://www.areavibes.com/Best of luck from Fort Worth 

So no you just bought a lot worth $25,000 for $100,000. 

If the tenants don’t leave by the deadline, your next step would be to check your state’s landlord-tenant laws to understand the eviction process.

Was it worth it? 

If you are set on closing under your personal name, you definitely want to check with your lender on that during the initial fact-finding stage.