In one of these PPM, the proforma cash flow statement does not disclose the Master Lease Payment.

At that time, there were public records showing missed payments and multiple distressed properties, not to mention the overall struggles of the student housing market.Even the underlying investment showed major red flags in the PPM which she never disclosed or mentioned to me.

I don't know if the case workers are allowed to disclose past issues, but you might be able to social engineer it out of them.For Section 8, you can ask for first month's rent and security deposit up front, but not the last month's rent.  

Won't name names, but one owns a creative finance education platform, and the other is a well known creative finance podcast host (neither are Pace Morby).Both told me the same thing: Not disclosing the second position lien to your first position lender is mortgage fraud, regardless of how it's structuredThis method is certainly interesting, and may in fact be allowed by your lender if you disclose it, but it seems disclosure is the name of the game.

Also I am curious if you had to disclose any personal assets even if you did not use them to secure these loans in other to enter an agreement with them. 

If it is later discovered that the information disclosed on rental application by Tenant was incomplete or inaccurate at the time it was given, Tenant shall be in default of this Lease and Landlord may pursue any and all of Landlord’s remedies regarding said default.

They failed to disclose material facts.

We’ve considered just disclosing and selling as is, but I suspect the buyer pool would be very limited knowing the issues and risks.  

Where I sell real estate we have to disclose it on the MLS, and I put it in the contract or an addendum for the buyer/seller to sign.

Also, very good point about being careful of which info we disclose and to whom we disclose it.