For many, the hassle isn't worth it, but with a properly written lease, an MTR operator can have sub-leasing rights that allow for MTR arbitrage.

So everything you can do to avoid a scam or a shady character is worth something. 

Clearly record the purpose and terms.LLC to Personal: Draw money as an owner’s distribution or repayment of a loan, ensuring it’s properly documented.➡️ Mixing personal and LLC funds without proper documentation could pierce the corporate veil, exposing personal assets to liabilities.

I noticed you are in Austin Tx (I'm in the Ft Worth market as a Landlord, rehabber primarily). 

By the time you have 4, 5 ... 10 properties, it makes it worth the time to systematize and gets some meaningful current income.In short, if I just wanted to invest the money, I'd look into a syndication. 

With every increasing regulations on short term rentals, midterm rentals is becoming more popular with investors. 
What has been your experience with midterm rentals in DFW?
Do you manage it yourself or hire a PM?

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

You can use Propstream to get information, but generally, the spend isn't worth it until you have an idea of what the plan is.

He immediately can tell me if it’s a property worth pursuing and can give me a ball point estimate of what the rehab may cost and what the scope of work will be.

The cost of construction as opposed to buying another rehab property most likely makes this unfeasible, but it's worth digging deeper.