It is career ending.Take the time to learn the law, know how to verify ownership and reduce the trouble you will encounter along the way.

They will verify what we send, and if they agree, we assign the contract to their company & we enter a JV agreement with them agreeing to split the profit 60% us, 40% them or 50/50 depending on the deal.  

You can hire an agent just to show and be a body if they are willing, While its not perfect, ChatGPT is a great tool to ask initial questions and get a launching pad (always verify what it tells you)  - @Drew Sygit - Good point about getting someone to help you with screening if they dont have any "skin in the game" so to speak.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

How can I verify if an inheritance tax lien is applicable to a property? 

Is there any other way to verify this?   

Additionally, inquire about any upcoming assessments for major repairs, such as siding replacements or roof work, as these can significantly impact your finances.The selling agent should provide some of this information, but it’s a good idea to verify it independently.

The 'rule of thumb' that everyone should ALWAYS follow is... educate yourself and verify everything - Whenever you put money into any investment you need to research the rules that apply to that investment strategy from alternate sources and verify what you are being told - Never make an investment if you don't understand the issues and verify every claim made through county public records and other, 3rd party sources. 

As for your question, it just depends on how knowledgeable you are to accurately report your income and expenses and to verify what TurboTax is spitting out.  

However, it's crucial to verify with the specific lender, as policies can vary.Regarding recording a lien, if the lien is recorded, it formalizes the debt and provides legal protection for the lender, which might be required by your private lender.