Hi Kristin,Most DSCR lenders won't check your personal income/tax returns.

That’s kind of impossible if the owner lives across the country 

Ok.... not seeing any partnership in this facet of any kind. 

The main investor still wants to go through with it *if* they can find someone to go in half’s with them, but I’m afraid they won’t be able to find someone to go in with them in time.Here’s some more info, if it makes a difference, so you could give more spot on advice: the house is extremely unique in California, three hours east of SF in the Sierra Nevada mountains & and was built by a bridge maker as his own residence back in the 60’s, so it’s one of a kind.

Are you going to run a full background check on these people or are you going to just risk your family with renting to a potential child molester or serial killer?

And/or any advice on when it's the best time to drop that kind of coin on structure set up vs. just having a couple LLCs in the beginning. 

While the process may seem transactional, it's important to note that lenders are motivated to close loans efficiently, as they are compensated based on successful outcomes.To gain insights into lenders' performance, consider checking reviews or seeking recommendations from credible sources like the BiggerPockets preferred lender page.Accountability in lending is indeed a two-way street.

Have a bookkeeper help you track the costs on your projects while your construction team knocks out the project, and compare both sets of information to check for inconsistencies.

Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.

You said you checked the county website for the property tax records.