Just watch your debt-to-income ratio to make sure it stays manageable.Both are solid—it depends on your goals.

Of course, with private lenders, you must give up equity or a return on the debt. 

Eliminate debt, establish a budget, and save.

What kind of debt do you have on the property?

It sounds like the issue is with the Debt Service Coverage Ratio (DSCR), which lenders often use to determine how much they’re willing to loan.

I'm not motivated, but the homes needed work I didn't want to do or I did if for strategic tax or debt shell game reasons.

Are they MF, Mobile homes, the debt fund?

Eliminate debt, establish a budget, and save.

From the fact sheet it's not clear to me if I would be able to evict both tenants or just one of them because it says you can take possession of only one dwelling unit and I am not sure if each of the studio rooms counts as a separate dwelling unit?

I think he is over leveraged to a 90% debt ratio.