Hey Sam, I’m a broker and we manage over 100 properties on airbnb.

I moved over to the new PM team and the property is still getting repaired and it happened 3 months ago.

You answered your question in the last sentence - disclosures are required on conventional but not for DSCR - these are really aimed at overprotecting the consumer (non sophisticated or non real estate professional) - since DSCR Loans are 100% business purpose and for investors (and typically for experienced investors or non-first time buyers only), there is less need to overly disclose / overly explain everything in a disclosure since its assumed they are experienced and know the basics

The main reason to prohibit subleasing is that you lose control over how the property is managed.

Over the years I became more and more involved with some of those people and as an adult started taking them to lunch to "pick their brain" (Not my favorite term but you get the point).One of these Gentlemen I have continued to meet with and give him updates on my business.

If the property is rented, examine the current lease documents, rent roll and rental payment history over the last 12 months.

We've grossed about $45k annually give or take, less expenses, over the past 2 years.

Which then raises eyebrows and you could end up doing the repairs yourself before sale, getting a lesser deal, or be stuck with it and doing the repairs yourself.I've had offers at 100k over ask be rejected for 30k over with no inspection.

We've purchased many apartment buildings all over Louisiana and the most shocking expense to make sure you underwrite sufficiently for is insurance.

Then I ended up writing a book on multifamily investing, and told my wife I was in apartments for life (she was tired of all the restarts over the years!).