Airbnb has never penalized bookings when the property is sold in my experience, just to provide documentation it was sold.  

Are there other legal or financial consequences I should be aware of?

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

The lender even quit communicating with me, which I did not think was legal.

From the start we could tell she hadn't read any of the questions we carefully answered nor reviewed any of the sensitive documents we uploaded during onboarding.

So YES, the math is VERY clear and well documented for decades upon decades upon generations.

@Bryant XavierYes we provided documentation from the property manager who responded stating that the cause was the open doors and windows...didn't seem to help.

In addition, the book keeping and legal involved with a syndication process is greater than if partners are not involved.  

In case someone has been successful please share the methodology that is legally approved.thanks,Ananth

Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.