I can tell you that in my personal experience with my own kids,  since the day they turned 18,   I have had lawyers,  medical personel, probation officer, School administration, bursars office etc say I can't talk to you without the kids permission regardless of who they will go after for the bill. 

Best of luck on your first investment  property people in the medical field do amazing job and i beleive some don't make enough for how hard and long they work alotbof my family is in the medical  field i am currently looking for an investment property  for my nephews dad hope to open and close escrow  on one before the end of this year .

@Laith AliFor us medical/dental bills have been our biggest expense.

I would ignore bad credit card and medical debt. 

Then the slick talking timeshare guy called me and almost convinced me to do a good deed and help her out and that I had nothing to worry about because he would be on the hook.At first, I was thinking of using word "Wife" to him if I ever had to do that, but the girl told me that the wife was medically ill (brain tumor or something like that) and then she told me that they are really close, closer than I may think but not having an affair with him and she also began to tell me that she's pregnant.

I hope I am wrong and they your loan officer doesn't say "we can't have over 2K of non-medical collections on your credit report".

I would ask your insurance agent how did they arrive at such a high reconstruction value...I am a Farmers agent and we use a software called 360 value where you input the address and based on the area/and the number of claims and material used in that particular area the software will tell us a guestimate of the amount it would take to rebuild the home...So this is very important because it directly affects your insurance premium (the money you are paying for that specific coverage) The personal property amount should be lowered if you don't think you need this much because again this is affecting you premium and you're basically being over insured which costs money...liability at 300K is what I suggest when the owner is residing at the property if you are not living in the property and you renting it to others I would suggest 500K the maximum (for Farmers) is 1 million....medical payments to be honest will rarely be used (this is for example someone gets hurt on your property and they come after you for medical payments this would come from here) but to be honest if someone gets hurt on your property and they come after you for money is going to be more than $3K thats why its important to have the right amount of liability this is where the monies would usually come from...and loss of use is the monies that would be applied to a hotel stay while your property is being reconstructed from the covered loss that occurred...on the other hand if you are renting the property these monies would go towards the rents you would go without while the property is inhabitable...hope this helps!

I have interest in a property in Salt Lake City from a Medical student and her partner who is also a medical student.

If you google Sanger Financial their webpage will come up.Thanks,Joint VentureAcquisition and Development Funding10/100 ProductProduct Parameters$5M to $750MM Partnerships – construction / development projects; income producing property and business ventures with our Joint Venture SBLC leverage program.All project values are calculated in US Dollars.We have an appetite for virtually any venture that makes sense - income producing properties, such as hotels, motels, apartment complexes, subdivisions, medical buildings, assisted living projects, almost anything that is real estate associated, business financing, project debt restructuring, jumbo residential purchases, etc.

While gold has intrinsic values, used for flaunting wealth, medical applications and electronics, in really chaotic times Tom, IMO, gold might not get you what you want.Moving on to the graduate level, Byran, (lol) that would be beyond Fox U., there are survivalist schools of thought for hording gold.