It also protects the property from things like divorce of children, bankruptcy, creditors, etc.

Sure, it would be a learning experience for him, but declaring bankruptcy in your early 20's is an expensive way to learn.

Now that Michigan has become a right to work state and the city of Detroit is headed toward filing bankruptcy, maybe it will get better.

A skilled FICO Coach will go over issues as:-Debt to Income-Bankruptcies?

Usually the major thing is a foreclose or bankruptcy within the last few years.

I did the deficiency judgments as well and collected on some but those are really tough to perfect and chase people down pretty much just ran the LA investor right into bankruptcy... so now you know why I tell all LA based investors to be very careful with these out of state rentals if they go wonky it can really ruin their day..

Residential, Commercial, wholesale, flips, foreclosures, bankruptcy, Subject To and Lease Option, Section 8 Rentals, Standard rentals, etc.

He had only liability insurance and was on disability.  6 surgeries and 14 months learning how to walk again left me filing for bankruptcy. 2009 march, bankruptcy discharged.

Real estate investing beginning in 2004 eventually caused me to declare bankruptcy.  

With Detroit filing for bankruptcy, has that affected and of your wholesaling?