I am a 1099 buyer and a mortgage lender as well.

One of my friend happens to be a RE agent, landlord and a property manager himself and he seems to feel that as long as she pays rent on time and does not create nuisance, not to worry much and just keep do a quarterly property inspection.

Just kidding (sort of).A lawsuit will cost you $25,000 to $125,000 and a year and a half of your life.

Hiring a contractor to assist with repairs and a property management company to manage rental.

It is an area you are likely more familiar with and closer to which could be helpful for your first investment and as @Sarah Kensinger metioned, you may be able to do a MTR.  

These are professionals with additional training and a stricter code of ethics.

if your asking me Joe  I suspect wrapping a DSCR loan would be an event of default with those lenders.. and one would risk having the loan called and a lot of times if you have multiple loans with the lender they can call them all in default..

I have a pretty straight forward return with a W-2 and a K-1 from an LLC. 

Will finish both tomorrow then work a shed site down below and a road around the property.  

We have two rentals rent by room and a househack duplex.