Long story short, I am in a bad financial condition as of recently.

Look for an attorney with a lot of eviction experience.

I'd probably go back and listen to a year's worth of podcasts and see if you like his style and info. 

The experience here on BP is what you make of it.

Purchase price: $225,000 Cash invested: $50,000 Fit criteria of A and B rated school in good area that could appreciate over time.

Much too large of an organization and staff are not the most helpful. 

@Sherrie Wilson thats a lot of extra money for the cool factor.

of course this is a correct description but lets talk a bout reality.very few loans for most investors will be non recourse unless they are very large loans but the average under 1mil loan 97% of the time will be full recourse unless the lender is not ready for prime time.

Welcome to BP.One of the things to consider is we have 3 different states in the area with wildly different laws on this topic.

Congratulate them—they now get to file two sets of tax returns and pay the associated taxes for each.Confirm all of this with a lawyer if it bothers you.