I did tell them that I would take the states off since I did not know it was a compliance issue (even though there is no specific requirement for business purpose loans on the NMLS website), and despite my efforts of only promoting myself as a CA lender, I got on the waitlist to rejoin since there are so many lenders joining the program apparently. 

I accepted the application only to find out that her ex husband and 14yo daughter (divorced in 2011) lives in the unit on the opposite side of the building from where she is moving in.

It just seems too good to be true.The information is public on their website-https://www.sharecommunitydevelopmentcorp.com/investorprogra...

For example, if an acceptable survey is provided, the Standard Exception for survey matters will be deleted from the policy but a special exception for any matters shown on the survey will be taken. 

Visit the website, leave an inquiry. 

Too many investors just grab the first one in a Google search, the one with lowest fees, or the one with a flashy website.

I sincerely hope things change but if you had to ask me right now, I would accept all of my (300k) capital back if they wired it back to me tomorrow. 

My cleaners are not currently accepting new clients.Best of luck!

I'm thinking of creating an application online and making a website. 

A great resource is the webinars section of the website. https://www.biggerpockets.com/proreplay