Another close friend got all this guys bank statements etc and found hundreds of thousands being wired to casinos right after he received wires.  

Note I have no illusion that this path will create returns close to equivalent of what I used to be able to achieve via brrrr (I have infinite return on most of my existing portfolio) 2) sophisticated partition via coop/Tic and maybe CA SB9 on my OO.  

I think the only state that has this carve out.So this is a very sophisticated scam..

The GP or the deal doesn't pass the sniff test and the smaller less sophisticated investors won't conduct the same level of diligence2.

I'm not sure if you have read any of my previous posts, especially at the top of this page.My primary issue with DST market and process is: I find that it's very annoying to require accredited investors, and then make them jump through hoops before OM or actionable information is available. it's been my experience that 90% of the DST market is not that attractive to  an investor like me, and that's why they keep things so cryptic and difficult to accrue information about each offering.I would be surprised if the majority of the DST customers bass is not mostly people that are too far down the 1031 path to do anything else, retired and just don't want anything to do with RE fee simple interest, or less sophisticated investors that have high enough net worth to satisfy the "accredited investor" criteria.Are you a DST broker?

And I know that the tourism infrastructure (restaurants , activities) has some catching up to do aside from the new casino that is opening up.

Just go to the casino at that point bro.

I think this is the gift and the curse of a still emerging asset class (short term rentals) - as it becomes more "institutional" i.e. more like commercial real estate with more sophisticated buyers then financials and systems for this will likely become more streamlined and stable, but we are still in a place where the buyer pools are more newish investors or typically residential basic investors, so not has experienced or sophisticated evaluating investments based on a detailed financial analysis like more seasoned commercial investors likely would.anyways, just a guess on what might be going on here

DON'T EVER BUY THERE unless you are a sophisticated investor.

Once you become more established, have a large net worth, etc. you may want to consider more sophisticated trusts that can cost you up to $45,000.