I mention #2 because most hard money lenders will require you to take title as an entity and not an individual.

Advantages: you can scale, the building qualifies for the loan, numbers work better, the building is treated as a business and valued by the NOI instead of being valued by the comparable in the area.Disadvantages/Things you need to be aware of:  If you have never done a commercial deal before usually a little harder to get financing so I would talk with a loan broker instead of going to individual banks. 

Some of that it seems that it is left to individual lenders to determine but I have another conversation coming up with a separate lender that hopefully they can shed some light onto it some more.

Note those that are owned by individuals versus entities.

I feel like raising rates on tenants is a Band-Aid and I want to do it right the first time.  

Other non-payment evictions have been going on since the courts reopened early last summer.We have been focused on collecting by making sure everyone jumped through the proper hoops to get aid money.

With quickbooks you can attach any expenses to the individual door.

The only reason why I think it is working is because both tenants are serious hardworking individuals who love to work overtime.I have a 3rd bedroom available but am very hesitant to rent it out.

I'll be reaching out individually. 

Could you do them each individually?