As a sidebar, as a member of the parent company you can sign for the subsidiary if the subsidiary Operating Agreement recognizes you as a signatory.

I make no judgement against them - I have family members that are like this - I just recognize it for what it is, share knowledge with them when I can, and hope that one day they will come to the light 😃 

Following the lending law is half the battle, the other half is recognizing a good/bad deal or knowing what to do when things go sideways.It's not only the lender that can lose money on a bad deal.  

I do not have high hopes on that opportunity, but I recognize that seems to be the better deal.

Perhaps we may recognize if prices need to be lowered due to extra rehab work needed and that shorts them from their full commission (which I would be uncomfortable with as well).

He is absolutely correct that those who fail to recognize that notes are a finance function, not real estate, that it is a highly regulated area requiring expertise that is not easily taught and that these players are taking you for a ride.

You never know where your opportunity will lie at first - but the more you educate yourself the more likely you'll be to recognize it when it shows up. 

It sounds like you recognize the downfalls, yet still choose to partner, so I'm guessing you feel the benefits outweigh the challenges.

It's a tide that's happening, and in my opinion, players everywhere are well-advised to recognize what's going on...

We have a nationally recognized Community Theatre (where my wife and I sometimes appear onstage), along with a local (private) School For The Performing Arts.