Lenders will use different methods for how they get their rent # from a DSCR.

Under both the Texas Property Code 5.0205 and 5.086, as well as TRELA 1101.0045, the "seller" of a contract is required to disclose the nature of the seller's equitable interest.

There are a few other methods that could deposit funds on the same day, but I wouldn't sweat it.

My goal is to do rentals since that's passive income nature.

Every lender will have their own method/calculation, but most lenders will assume some amount of a minimum payment and apply that in your DTI calculation. 

I am considering as a first time buyer to utilize the BRRRR method on my personal home, while also using a 203K loan to finance and rehab the property.

Stunning nature with the Pacific ocean and gigantic Santa Monica Mountain Range out the door with year round near perfect weather.Close to everything from Malibu to Calabassas, Ojai, Santa Barbara etc and within the same 45 min to 1 hour distance ( traffic depending) to 3 commercial airports, namely LAX, BUR, SBA.The university, USCCI is the only one of its kind growing in leaps and bounds while general enrollment numbers are in decline everywhere else along the CA coast.

It's the same method used for security deposits.Congratulations!

I am also trying to find a partner to do the BRRR method but I need to ensure the person I am working with is trusted.

SubTo, by it's very nature, is FRAUD.