PG and Baltimore city are notorious for taking forever for an eviction.

That's literally what the PG is for - if the entity cant service it's debt, you've guaranteed that you will do so personally.

For bigger transactional income we have our building projects which I have to PG however even though the risk is always there we have been blessed these last 4 years on these that equates to about 120 homes built and mostly all sold.. then the balance in Notes a few long term.. and JV partner on land deals and flip houses those have zero debt.

The property is in PG county, MD.

The main issue you will find is most DSCR loans are fully recourse and require a PG.

If there is a PG, then I recommend looking to start selling some off ASAP as the longer they are in default the accrued and default interest clock keeps ticking. 

Even if your refinance into a DSCR to pay off one of the existing loans, there's a 99.9% probability that you will have to PG the new loan.

The main point we were required to give up was the borrower’s personal guarantee (PG).

For docs, at a minimum, you'll want a promissory note, PG, loan agreement, and a security agreement to attach to whatever collateral you can reach.

My post speaks for itself.U left out the PG aspect ..