It’s great that you’re ready to take action.

This can take a huge weight off your shoulders and ensure you're making informed investment decisions.

My personal DTI ratio is at 49.9%, so personally I can't take any more loans.2.

If you can get all of the key team members in place, buying in cash (HELOC), doing all of the reno work and then taking out a mortgage is a good strategy. 

EVERY contractor will take advantage of you in some way, if you let them.5) Why didn't you properly research funding BEFORE you bought these?

If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

Buildings are left mid construction and of taking more than three years to get to “mid-construction”. 

I am taking notes and learning to navigate the process rather I am a Borrower or Lender.

If you are a veteran and you can qualify, you can take over another veterans loan as an assumable mortgage.