A few questions:Have any of you been in a similar situation where multiple partners were involved?

Yes there are some big items involved in this, and I'm very excited to figure them out. 

Please do your research before getting involved with this "Guru"Many members of bigger pockets can attest to this.Regards,

Its already long distance but if you have no desire to be involved, no boots on the ground in anyway, it may be hard to make it work.

Personally I have not had much luck with seller financing when there are agents involved - most don’t understand it and think it just makes the deal more complicated.Did you check with your bank to see if they will mind you having a second loan on the property?

For the last 22 years I've been involved in real estate as a house flipper, with extensive experience in building and renovation contracting, owned a residential property management company, and now have a private money lending business (licensed NC re broker).

The STR is a lot more work and even if you get a manger, you may have to be involved.

You don’t get involved personally.

@Matthew Morrow, I am a little curious on how you are involved on the deal and what your relationship with this client is?  

Its a tough subject because logically, they are joint and several guarantys so rationally a 100% guaranty from each of two people (one 740 one 680 for example) is ALWAYS going to be better than just one 100% guaranty from someone at 740 (so it wouldn't make sense to have a better rate for the latter)The problem is that there is fraud and "straw borrowers" out there where someone who is not involved in the property signs on to boost score and terms - so many DSCR Lenders in response either do the "non-rational" thing and price to the lower to avoid the fraud or use the higher of the two (and either be a little loose with things or just stay vigilant on any funny business)