Just updating since it seems I'm not the only one. DynDOLOD has about a ~50% failure rate with no changes on my load order, started after upgrading from 2.36. Same error about FormID referenced a master which is not available. Lots of "no model found" errors, which I don't remember being there in 2.36.
Just for clarification, are we suppose to run DynDOLOD with smash patch checked or unchecked? No clue if that's related.