Is he going to be contributing to the automobile and his college financing?

This policy provides additional coverage above and beyond automobile insurance and either homeowners or renters insurance.

@Laith AliIf you are flipping, the properties are inventory - just as if you were selling shoes or automobiles.  

We had no automobile payments at the time I bought that first income property, and essentially zero credit card debt. 

And certainly neither your property nor your automobile insurance will cover you if you are found negligent in a serious accident (this is an external “threat” to your assets).Insurance companies don’t cover “gross negligence” or “fraud”, and when the claim is large they will find a way to deny it, if possible.

4, I read somewhere that for automobiles shops,one consisting environmental pollution.  

@Justin O'Malley so in addition to the comments about lot rent, mobile homes are not real estate in Colorado, they are personal property (think automobile).

I had no automobile loans, no credit card debt, and absolutely no debt outside of the mortgage for my primary residence.

Just a quirk of the law for regular automobiles.6.

Listen to every one multiple times while you are in automobile university (driving for dollars).Make a list of the top 10 investors in your town or area.