If you are just four people buying five houses, you could use a partnership (everyone's portion flows through to them) or form an LLC/Corporation where each person owns 25% of the company (I'd issue a separate class of shares to each owner ... makes it easier for dividends and/or buyouts in the future).A formal syndication strikes me as overkill for 5 houses ... the paperwork and filing would not be warranted by the amount of assets you are acquiring.You should find a good real estate attorney and an accountant, spend a few hundred dollars, and get the best ownership structure for your immediate needs and planned growth.  

I'm considering striking them from my list.

Robert Zuccaro This strikes me as dangerous.

This will keep late payment strikes off your credit.

I can understand trying to get to a place that you can strike a balance, and again I'm not saying leverage is bad.

I am for Ron Paul...He strikes me as the only honest guy up there, on either side.

You should have an achievable project plan fairly well mapped out.Making improvements as the mood strikes simply is not efficient.

But I will ask her to keep her eyes and ears open to see if someone would do that.On the other hand, here's something that I came up with while talking to her:We purchased the house for: $410,000Lease Option to Purchase - 5 Yr Lease - To be Sold @ $325,000 in 2013.Monthly Lease: $2850Credit toward Purchase price: $1050Actual Rent: $1800 (no rent increase for 5 years is a deal I am planning to strike here)Option Fee: $5000Price at end of Lease: $262,000Savings we need at end of lease: $150,000Owner gets a good down payment and financing.

I have been threatened with legal action for a wide range of things from harassment, discrimination, improper maintenance of property, even striking a tenant with my vehicle.

Contact the owners of your debt and either strike a one time deal, or pay it off monthly.