My answer would be different if STRs were legal, if you bought the property with the intent to use it as a STR, etc. - but given your circumstances, tell them "no thank you" and move on.  

I think I will need to file an "Intent to Lien" form with the Clerk and Recorder for my county.

No one intentionally intends to enter in to a bad deal, haha. 

Mortgage lenders will not concern themselves with your best intentions; it is not about what will be - it is purely about what is.And if the property is tenanted at the time of possession, then you are effectively applying for a rental mortgage.

@Scott Jensen sound like a 401k is the way to go at the moment I have no intentions to use the plan to invest in real estate.

Tomorrow I'm meeting with a family member with the intent to purchase a property from them.

Is this intentional, in order to minimize your P&I for cash-flow purposes? 

I’m sorry this is happening to you but why on Gods green earth did you think to yoke up with another person in a JV deal that is ill equipped ,inexperienced,and a newbie like yourself ...

I know that is not the intent in any way but clearly you are lending like a bank does, as it should be. 

What are the most important things to think about and research when analyzing/looking at foreclosures with the intention of going the brrrr method route?