How many pages is a typical MTR lease?

For example, say the investor is requesting funds for a rehab draw and they utilized a GAP loan. 

And perhaps most importantly, what level of commitment is typically expected from co-hosts?

For example, cleaning fees will now need to be included in the nightly rate shown to travelers.

Be careful using a conventional loan because you may not be able to use the rental income like the example above if you do not have a current housing expense (live rent free).

Is this a typical request?

He is my classic example of BP being a place that provides answers you would not only have to pay for.

People that throw around "I am a host too" are typically amateur who rent a room out on Airbnb at their parents investment duplex - never professionals IMO. 

I have a few of my higher priced ones in my personal name because you can have up to 10 conventional in your personal name and they have typically have lower rates, so might as well save them for the bigger ones.The majority are in LLC's. 

Example: purchase price $100kSell price 240kTaxed 140k minus expenses. your cash out refinance is not a consideration for taxes and neither your loan amount as far as taxes go