Rosewood varies in its oil content but tends to be an oily wood. An exceptionally oily piece will tend to repel lacquer. When I spray nitro I always seal with a coat of shellac (Bullseye sealer.)
In the case of a maple/rosewood neck I tape off the rosewood fingerboard, leaving about 1-2 mm of rosewood exposed, then seal & apply the lacquer. After rub out I carefully cut the finish along the tape edge, then remove the tape. Do not pull the tape up without first scoring the edge - you risk lifting the finish right off the rosewood, and possibly even the maple.
Yes the finish will form an edge slightly higher than the bare rosewood. But this edge will be surprisingly thin (if you've never dealt with nitro before you might actually be surprised just how thin it really is) and, even though you've allowed the requisite curing time before rubout, the finish will still be relatively soft. Using some fine paper (about 1000 grit) folded once and working with you fingers carefully feather this abrupt edge to form a bevel tapering towards the bare wood. Then burnish with a soft cotton cloth using firm pressure.