The investor/student continues to learn with me as long as they wish to.

My thought is to have our house paid off in a year or so, then buy a 100k property @ a 20% discount, while putting 20% down ($64k left) then pay that off in a year and continue to do so for 10 years.

Before you continue with the Realtor make sure that they have Direct contact with the HO and that you will be able to put contracts on them.

I have contacted them about this question and they say something that "These days 500GB disk drive costs only $30 per month, so if some day we will run out of disk space we will simply add new 500GB disk drive with almost zero costs and you can continue uploading without any problems".What do you think about it?

It was the government through monetary policy and other inducements that created demand- but that's not sustainable because people with middle-income jobs could not reach into their pockets and continue to make payments for houses that had sold at multimillionaire prices.

If the deal is that the seller wants to be able to continue to show the house, you could put in that you the optionee have the first right of refusal under certain terms.

Continueing to make my underlying mortgage and the 4 months or so it will take for foreclosure not to mention the cost of lifitng the stay and recording title after is not going to be cheap.

Leaky faucets are fixed, toilets no longer run continually, cars are not washed every day, etc.3.

Even if you record the deed.As long as you continue to make the payments, and as long as your friend understands that he will still be on the mortgage on his credit, and as long as he didn't call the mortgage company to tell them what is happening, you should be safe.The hard answer is, yes you can get caught, and if you do - you will need to pay the mortgage in full, or your friends credit get's trashed and you lose the money you have put into it.

The economy may be in the tank at the moment, but our young people will continue going to school -- and I think the likelihood of even more trying to go to school will put even more pressure on the already stressed housing climate around colleges and universities.