Investment Info:

Single-family residence wholesale investment.

Purchase price: $30,000

Sale price: $63,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Bob Tayl...

That would be your best bet to kind of get the best of both worlds.

I would bet that the majority of real estate investors have an equity portfolio where they have no clue about what the companies that they hold do or how they make money.  

@Jarrett Harris, in NJ, a disability check cannot be garnished even if you win the judgment.

I would put every MDC Clerk of Court sales record (date, case number, address/PID, opening bid, winning bid, AV, etc.) into a spreadsheet, along with the names of the 3rd party bidders.

I think the message being sent to attorneys is, "you can try it if you want, but if we win, we're going to hammer you to make an example," and my guess is very few attorneys are going to risk that.

Most fail multiple times before they start winning.

If it's an investment property, then I think your best bet would be to move the property into an LLC with you and your parents.

It seems like a win/ win so it's just a matter of trying to make the "best choice". 

I've also been told off-market deals are often the best bet but am clueless about them...