However, I think for the average person this is probably not true. 

Personally, I bought a 3 bed single family home soon after starting my job and had two friends from college rent which covered my mortgage plus a little extra.

I’m not convinced it makes a real difference unless a person has a unique setting.

I have personally owned investment property (both long-term and short-term rentals) along the lakeshore.

Account Closed It will only show on your credit report if the person who is holding the notes goes to a servicing company so it is recorded.

To a point made by another person who commented, you may be able to have a lender do a 'one-off' portfolio loan at a 95% LTV if they trust you enough . good luck.

Continue to scale my personal RE investments and learn!

Here is my favorite (among several others, just as hysterical) part of this case:"...Petitioner’s testimony that neither he nor his son used his personal bedroom,living room, or kitchen for personal reasons strains credibility.

We take a "whole person" approach.

If you do decide to do mailer(s), then I would advise you to personalize the card and do a handwritten note.