I think some of this verification is why you are posting.  

DSCRs are great because they’re 30-year fixed, often with no income verification, and based purely on property performance.

@John Postma We are working with about 5 owners that are at the same stage as you with almost identical stories.

The lender will want to see that the mortgage is paid on time and some other smaller things (that's the 2nd form) then you are good to refinance.Just trying to figure out if we should try to segregate our identity as the 'refi borrower' and 'representative of the original lender', or if the lenders are indifferent on that. - Sometimes people will use the spouse as someone else to complete those 2 forms. 

We are fair housing compliant regarding animals.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+, as well as employment and prior landlord verifications.

LLC offers better legal protection.3) Setting up in states that allow your identity to be hid is also overblown.

This is a game-changer for investors looking to rapidly scale their portfolios without being constrained by personal income or existing debt on other properties.Focus on Asset Performance: Since qualification is solely based on the property's cash flow, you can acquire additional properties as long as each new property meets the DSCR requirements, regardless of your personal debt-to-income (DTI) ratio.Simplified & Faster Qualification/Closing:Less Documentation: No need for W-2s, pay stubs, personal tax returns (often a huge relief for investors with complex business deductions), or extensive employment history verification.

Also condos can also be challenging not only based on rental restrictions but condo fees that add up and when you try to sell there may be multiple identical units available which can make them trickier to sell. 

I also looked through the monthly letters that he's sending with the updates and they are basically the same (March & Feb are identical).

A few prohibitions - costs related to inspections, attorney fees, or verification of income/employment cannot be charged under section 8 housing rules.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.