If they are on the same subnet - choose TAP, it will be easier for you, just make sure both devices LAN IP are different, e.g 192.168.1.1 and 192.168.1.2.
If your main WAN is Wired WAN - make sure DSL router has the ports for OpenVPN opened and check if there's anything else in the firewall that could be blocking the connection.
If you want to use the static key, you will have to import the same key on both sides.
EB.