My general assumption is that the bank shouldn't care as long as the amount exceeds their claim in the foreclosure.

Those assumptions about higher ADR and occupancy are premised on a good economy and buyers who can afford to hold the line if it isn't.

Sure it's a little tongue-in-cheek but it's only because I had those same assumptions and thoughts when I first started seriously considering RALs.

Again, paperwork up to mortgage underwriter standards & done quickly = not within the core competency skillset of a typical GC.What comes up is that the assumptions behind "you make money when you buy" don't hold up.Specifically: Since you aren't going to be the fastest closing, and it's probably not prudent to waive any contingencies on a reno offer, so basically the only thing left is to be the highest offer on the table. 

We've ran analysis on what comparable STRs in the area have done and we have very conservatively made assumptions and it looks strong.

However, in practice, sometimes landlords will stipulate whatever they want on the assumption the tenant neither knows the difference nor has the means to fight it in court.

I have been evaluating multiple deals using the Bigger Pockets rental property calculator, i have been assuming the following:Vacancy: 5%Repairs and Maintenance: 5%Capex: 5%Property Management Fees: 5%With these assumptions, all my analysis are cash flow negative.

Also when there are corporate owned properties on site and individually owned properties, owners assume they will rent their unit as they rent out all others, that assumption means the corporate is going to compete with itself, think about it.

Or, were you going on the assumption that if your repair requests were not agreed to, that would serve the same purpose, by implication?

For that, I'm under the assumption AirBnB would have coverage.