A STR is a completely different animal in my opinion, in that it requires more work and much more compromise, but financially is worth the effort. 

The way I read it is they were selling the same loans to two different entities...197111384049 (uscourts.gov) have seen that before.. it appears to me the company is in deed trouble.  

I have lived in Truckee for over 23 years and understand the pain you can go through dealing with a local government where the answer you received on Monday is different than the answer you receive on Tues, Wed, Thur & maybe even Friday if anyone is working.

Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.

Pace is no different than the leaders of Hamas or the Sinaloa Cartel in that manner.  

 I have been researching and browsing through bigger pockets and different real estate investment info but haven’t pulled the trigger on anything.

The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here.

The Exchange Accommodation Titleholder ("EAT"), often a sister company to the qualified intermediary, will form a single-member limited liability company and disregarded entity or ("SMLLC") to serve as the lessee.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

The insurance company loans you the money to pay themselves the interest on the loans.