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by nradov 2325 days ago
Banks don't conduct such audits.
1 comments

If the loan requires that all units be rented for $x they will do something to check.
Bank loans to landlords do not contain convenants requiring that all units be rented for $x. You appear to be confusing policies that some lenders apply when originating loans with covenants that borrowers have to follow on an ongoing basis. Those are not the same.