On MLS and I actually bid 4K more than asking price.

Unless the purchase price of the original sale is fully disclosed, and even then, some underwriters require that you actually have your deed recorded with consideration thereon in the public record before they will close a second sale.

I believe, off the top of my head, it's single digits of rents actually have rent reported to bureaus. 

I am actually hosting a Masterclass in Plano on Dec 7th. 

The actual potential value of the property is disproportionately higher than you would expect based on current revenue.  

There's way too many moving parts in RE to where he has to sit on the sidelines, and plenty of stuff he can do that does not pose actual risk.

Melissa Hi Melissa, welcome to BP - some great questions, I've actually published an 11-part (soon to be 12-part) series here on BP on all about DSCR Loans, linking below - hopefully this will help!

I am originally from the Hazleton Area (this spelling is the actual spelling, as the founders misspelled it). 

Actually, this is one of the best ways to get into rentals.

Or how about the note buyer who believes they will actually own the property as well.