Me and my parents have set up an agreement that as long as I excel academically my expenses in school will be taken care of.

Hi,     Evaluating the students academic graph is very important as a teacher.

I believe that this will hurt highly levered universities who will then have to reduce expenses, headcount and cut back on development projects and academic program upgrades.

Note regarding Account Closed's point about teaching: yes, there are a bunch of professors that don't know a lot about practical application, but there are plenty that do and there are plenty of companies that not only value, but pipeline students from academic programs directly into their business model. 

If you have other passions and are truly gifted in an academic discipline then a college degree may be the way to go.

I prefer their academics and think it would be an awesome place to live.

The fact that it makes me and my family money is just a huge bonus that I didn't fully appreciate on anything other than an academic level until you posed this question.

(CC) "Credit-eligible course" means a credit or noncredit-bearing course that is both of the following:(1) The course is offered by an institution of higher education.(2) The course is eligible for academic credit that may be applied toward the requirements for a degree at the institution of higher education.

Being that I am a former graduate of The University of Rhode Island and have lived in Narragansett for the academic school year, I had a couple of questions. - Are you self managing the property or do you have a property manager?

Also a small possibilities the first lien holder would allow you to step into the borrowers shoes and make loan payments.All this is probably an academic exercise because if a property with an uncompleted rehab has a second lien in place of the required equity, there would be no equity for the second lien holder to worry about. 99% chance with a second in this type situation there is no equity above the first until rehab is complete, despite what the flipper wants you to believe.