I started skipping nights and even one or two entire weekends.  

I've done something similar and you can read the story here... http://www.biggerpockets.com/blogs/7103-skipping-t...While in Orlando connect with @Andrew Davis.

To hedge your bets I would include some obscure line in the guarantor form about reporting to credit agencies and parents will pony up the cash even if students skip out.  

Applying that rate against the same dollar amount.Because you're doing the same second step, you can actually skip doing the DCF analysis and just compare the rates directly.

So, that averages out to about $3800 a year in just that, plus there were some smaller repairs in between.The tenant after that skipped out on paying a month's rent and getting it ready for the next tenant cost me $2500 out of pocket (including court costs for eviction.

Thanks for sharing your success...I hope to skip the beginner mistakes by asking tons of questions and good luck on your next investment.

We find that rent does not move much for a garage, dishwasher or central air so skip them to keep investment and capital replacement and repairs lower. 

If they haven't been here in a while, I skip the connection request.

Many folks that write about substantial losses in private placements skipped the important step of conducting thorough due diligence on the sponsor that they chose to invest with.

But she is suggesting very low payments ($100/month max.) that will take about 4 years to repay assuming no skipping and she will follow through.First question, can I charge her interest on the outstanding balance and fee for late/delinquent payment?