Maybe pay a financial advisor for an hour of his time first in case there is an alternative that you have not seen yet?

We do about 20-25/yr so financially it makes sense.

Build a solid track record with these properties before proposing larger moves.Leverage your commercial experience to identify growth opportunities, and start building out your team.

when I used a capital gains calculator online, if I put zero money down and put the 2 loans, the cap gains is a lot lower than if I just recorded 1 loan and entered the money from the downpayment loan under cash.

@John Friendas  it's close to the 1% rule which is good, but I would still run the financials on it. 

There’d need to be a lot of rehab work/managing that would require you to put in that many hours.From a financial perspective, it seems like the highest leverage way to keep buying more properties is leveraging your W-2’s and then being work optional.

My question is that due to numerous unfortunate circumstances, two properties that my partner and I purchased (through a program) were underscoped, and we cannot move forward financially.

Supply will be a Tale of Two Halves: In the multifamily sector, we will see another year of near-record setting supply hit the US.

Quote from @Tom Hall: My mortgage rate is very high  and I would like to pay some of it off, so that my monthly payments would go down a bit, I dont know if it is financial smart to do it or not?

Look at their rental history, the conditions of their previous residence, and ensure they have a good track record with past landlords.