That is a very dangerous game to play.

If I understand correctly their business model is based on a partnership / profit sharing arrangement as distinct from leasing and then subleasing as is the case with WeWork.

As @Dave Foster said, the dangers with the 3rd party (and yes- divorce, meth, and bankruptcy are real dangers) are real, and again it MUST be a real actual 3rd party, not some hoax.

Building anywhere in the Truckee area with wood IMO is dangerous!!!

catching a falling knife is very dangerous.

If this investor's team does not have the skills to manage a STR then he can use an outside PM or have his team learn.In addition, STRs in many areas are in danger of having anti STR regulations in place. 

There are 2 distinct components to entity structuring - (1) legal and (2) tax. 

For more information regarding interpretation, it is advised that you consult a lawyer.CorporationA Corporation is an incorporated entity with its own rights and responsibilities as a distinct person under the law.

As I said before, the beauty and danger of the internet is that it provides a level of anonymity for people to say what they think.

Starleen pointed this out earlier and her assessment of the OC courthouses auctions is spot on.What no one seems to have made a distinction on is whether or not you can finance courthouse purchases in North Carolina.