The key is making sure the rental covers the extra debt and you have an exit plan (refi into fixed debt, pay down and etc.).

Can anyone help me or give me advice on how to remove debts off my credit status?

If I refi into a DSCR with 6.9% at $780,000 (75% LTV) I could pull $200,000 cash for leverage, pay $6,600 vs my current $5,600 and possibly free up some debt for another owner occ purchase.

For investors transitioning from flipping houses to holding rentals, a Debt Service Coverage Ratio (DSCR) loan is a powerful tool for refinancing because it qualifies borrowers based on a property's cash flow, not their personal income.

@David FisherInvest in Debt by Jimmy Napier

For instance, if there was a total of $250K of debt on those properties that woud leave you with $350K of proceeds to use to purchase $600K of real estate.  

If they can show their personal portfolio and how they and team are hands on at rehab and management over that time with high margins and conservative debt to value.   

What's your other debt looking like?

I am working with someone right now who is equity rich cash poor and has no exit strategy except take on more debt that they cannot afford.

If you've not read Debt Cleanse, you should.