But, putting the property in a Land Trust, in your brother's name, and then having him tfr the beneficial interest to you at some future date (maybe after letting the lender know of the trust tfr), may help shield the beneficial interest tfr, but technically, may not circumvent the DOS.

The savvy investors that are doing such loans are simply putting a lot more down...many at 35% down or more. 2 years ago, we were seeing deals at 80% cash flow.

Does anybody rent locations from tenants and then put them on Air B&B and booking.com.

I once started to sue a local MLS but they changed their position as long as I was clear in the listing that I wasn't the owner of record but had an interest in the property I was selling and they didn't want to open a can of worms.To make it easier I just started getting a specific power of attorney from the owner on title along with a clause in the PA that allowed me rights of access, etc. and the MLS had no problem because it was really no different then say putting a probate property on the MLS

Put differently, I'm assuming some of the best GPs/Operators don't bother marketing and already have a reliable group of investors to turn to.

Owner put out a "feeler" on a local Facebook group and immediately got bombarded by inquiries. 

If your in Hagerstown, MD you have to put up with city inspection and every now and then you get one with a chips on his/her shoulder.

Your ARV on something like that would have a much larger appreciation plus higher potential rents.If you purchased in the next 6 months it would put you in the early stages on the local market analysis. 

I fought like hell to keep the property as my brother and the lawyers wanted to sell it and put the money in the pot.

I think this one would make sense as a DSCR loan, but you would be putting 20% down on it.