My 401k, IRA, Brokerage accounts and two duplexes are protected, as are hers, and our student loans are kept separate as well.

The old lady, being smarter than your friend though, realized the transaction was illegitimate for some reason and wouldn't stand up if the friend of a friend tried to actually take possession.

I have always found that renting to college students is easy, especially renting to 1 or 2 versus 4 or 5 at a time.

As far as companies go I think we can both agree that stocks like PSB, OLP, LRY, and VNO (all B rated) possess lots of promising value as we enter into 2013.

Welcome ,All comments above I agree with, but you’re in a small marketversus Milwaukee or Madison ( bigger local markets ) I would also check with a several local credit unions and real estate agents in Superior to gauge cost of points, credit scores, financialrequirements, etc Rehab cost – check with a few local handyman, carpenters, suppliers, and etcOne thing you have going for you is the local college - Superior -with a steady flow of students and professors looking for housing

We are past living like starving college-students to stay on-time for a loan $120K more than the house is worth...Is it worth approaching the investors?

May not be suitable for all cases, in fact a creditor(your lender) may file a Relief from Stay (when a creditor is permitted to take action to collect his debt or to regain possession of its collateral) and your main reason, your mortgage on your home is set aside from the bankruptcy, followed by headache, nausea, upset stomach, diarrhea, and loss of money for paying an attorney group for a cure all that didn't work."

Grad students might be able to push $1500.Personally, I wouldn't touch a rental in Boulder.

Some of my students have had their LLCs drawn up by an attorney (usually paying way too much) and plan on doing nothing but flipping or sandwich Lease Options.

You own the house and the rights to possession of it, which is of course subject to your state's particular laws around foreclosure and possession suits.