Obviously, I am going to be very, very diligent about getting all the documents necessary and looking over the area as we get farther into the process. 

Banks like to match short term assets with short term liabilities, and vice versa.I don't believe that DSCR loans are "expensive", but they do require a more thorough underwriting and higher amount of financial documentation other private and hard money loans.It generally helps to have a Fractional CFO or Loan Consultant (not a broker) that will work on your behalf to negotiate better DSCR terms and rates.

Is there any document within the BP website?

The downsides of signing a PG....Document List (state.ny.us)  Wow....

Loan Documents for Selling1.

The registered agent is listed on all the documents, not the property owner.Your Operating Agreement should list members and authority. 

If they say put up higher railings, additional smoke detectors, etc, complete it promptly and document it.I've been in the landlord business for 20 years, and I've always kept my properties to code and well maintained. 

VRBO just showed a document that a guest tried offline booking the same dates 18 times and that is why VRBO is charging us more than 1500 USD even if the booking NEVER happened.

Bring documentation to prove ownership.

If the amount is significant I draw up a document stating the interest rate and the payment plan.