ok i may be bringing up an old post but im having a similar situation and i was wondering what everyone think of it. i do understand education is important and if i can, i'd rather stick to it. but hear my story out:im currently a 3rd year in college and i started out wanting to be a doctor so my major is science. a few months ago, i was introduced to the world of investing (stocks, real estate, etc) and after reading a lot of rich dad books and many stock books i have come to a realization. i want financial freedom. i want to work for myself and escape the rat race. to do so, i was gonna change my major to business to learn all the neccessary skills i need in building up my future business company and learning as much as i can about finance and economics. sadly, it's too late for me to switch major which brings me to my current problem.Why am i spending lots and lots of hours a week studying science when i won't even be using it?

For example, dental business or doctor business or Engineering Firm, etc.It is best to stick with LLC of where your rental properties are located.For example, you can have one land trust and one LLC for each of your properties followed by, let's say, S or C Corporation.

Not only that, but id much rather put my health in my hands, than a doctors.

If you can live on Ramen noodles and pay off your debts, not only will you not have been sullied by a bankruptcy, you will have learned a boatload of valuable lessons about money and hard work, far more than you are going to learn in college - and I say this as a guy with a doctorate.

folks, please get money partners and credit partners and down payment partners and private lender partners, and give a fractional interestBill Gulley is teaching about TIC'sTIC's are "tenants in common" contractsA Very innovative way to be able to avoid a lot of headaches@Bill GulleyWhen I think of TICs I think of "family limited partnership"  where a medical doctor that has high liability like an orthopedic surgeon or a neurologist owns 2% of assets in a limited partnership, but controls a hundred percent of it as a managing partner, The rest of the family owns 98% but are only limited partners.

I recall one saying “it’s amazing, one weekend course and you can make more than a Doctor”.

Look into Med Massager Chiropractic massager.

The doctor/hospital has that responsibility to every human being on this planet.

You must have an exist strategy--I am not sure how much cash you have on hand-- my suggetsion is to do repairs, have a tenant and then sell to other Investors and make some quick cash and get other deals-- If you are keeping for long term as rental--you can get Private Lenders --local --dentists, doctors, attorneys, and many retired persons --at 8% --to 10% for 10 years --

You have no security against that.Third, the court could step in and say, that is enough, the child is through college and is a doctor, the mother has a paid for house and car .... whatever.