Thus, the next challenge and frontier for many DSCR lenders seeking to serve the growing number of real estate investors pursuing this strategy is to cement a qualification and underwriting methodology to properly qualify MTRs and accurately project their revenues.

Brown RentRedi tries to enhance the DIY management options.It is NOT a replacement for a PMC.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I may not have information others have that invest here, but to the best of my knowledge everything above is accurate.

Is this accurate?

Personally, I have found that no wholesaler ever presented remotely accurate numbers (rehab estimates were well below my actual costs and ARVs VERY aggressive).  

Sellers are not required to disclose material facts about the property that they "should have known," nor are they required to perform any inspections to uncover any issues themselves.

We are pursuing a house hack (fixer upper) and turning the basement into an ADU which we rent on Airbnb.I had a theory that Airbnbs that performed needed to be walking distance to a metro.

Of course, there are a lot of things to look out for...setting up an appropriate contingency reserve for unexpecteds, getting an accurate scope of work, properly knowing what your time-value-of-money costs are going to be, making sure you're contractor is not pulling crews for other customers, knowing codes and getting your permitting right, and the list goes on.

But you would not lose it all, it just becomes a non performer and it would be interesting to see what happens if the homeowner stops paying.

There is more due diligence to perform for commercial as there are can be a different type of lease for every tenant in a multi-tenant building, despite the spaces appearing identical from the outside.