That is great you are in nursing, one popular strategy we see a lot lately is renting to traveling nurses using a "mid-term" rental strategy.

They are going to be the cheaper alternative for SFR, so in theory you should get some decent appreciation gain and good tenant pool.3.

Alternatively have parent LLC that is registered in CA, but now you expose each LLC to the other.

Because your alternative is zero income.

Relationship-Based LendingBanks: Normal transactions are always cold-blooded and policy-oriented.Private Money Lenders: Most often work with borrowers to create solutions and value relationships over strict rules.The Bottom LineThe power of private money lending, I think, is a pretty effective alternative for borrowers who need speed, flexibility, and customized solutions—especially in industries like real estate investing.

Back in 2021 when the market was on fire, sellers would be wary of financed offers because there were so many alternatives.

If it wasn't so, the current typical popular model wouldn't even exist. 

Finally, I might be novice to alternative investments but to your point, I believe Norada just ran into an economics wall and lost its ability to meet obligations.

Just about as popular as BlockBuster Video's Late Fee.There's a completely different movement in MF charging called "low power L2". 

Too many investors overpaid for STRs in popular vacation destinations and painted themselves into a corner where the property only works as an STR.