Our credit scores aren't as high as they could be due to the high revolving balances from the real estate.  

All checks worked out very well (good credit score, not much in revolving debt, etc), but I did take a risk in doing it.

Hey Cam,I'm glad to be of any help I can.

My only unanswered questions revolve around what’s legal and what’s not legal in CT.

Rentals in the area are charging about 1000-1400 per bed room (I like to relate price to bed since student rentals here kind of revolve around that Idea and seems to be a significant factor.....how much does Mom and Dad need to pay to keep Johnny UCSD student Housed. 

I remember reading another one of your posts a few months back explaining why you chose the Gatlinburg/Pigeon Forge area, because the economy  in that area revolves around tourism so you know you won't be royally screwed over by regulations or the recession.

I thought that the world revolved around me.

With NNN leases, HOA fees, CAM, some condos for rent and some for sale, the spreadsheets are fairly complex.

Remember that when it comes to commercial leases, triple net leases are pretty common and they're a relatively simple way to deal with CAM/tax/maintenance/improvement expenses so that it doesn't come out of your pocket.

He has great income but has multiple revolving accounts open, 15 to be exact.