Thanks for schooling me on hard money lending.

While we aren’t likely to choose house hacking personally, is that route still a possibility, via bank lending, if we are co-owners with our son and his new wife as he goes to grad school, in essence using our credit and resources but benefiting from them living in one of the units, thus accessing owner occupied rates?

NJ has great public schools in many towns.

In my area for example a nicer area, with better schools, newer built homes can often have similar prices to an older (we're talking like 30 years), less nice area across town with inferior schools. 

Great area and hot market (still despite everything)  there are only 6 homes for sale in my school district. 

Good grades in school do not equate to higher earning.   

Our son is 18 and is graduating from HS this year. 

2 bed 2 bath town home with small fenced in yard in a quiet beautiful neighborhood with great schools (I just got lucky, I don't have kids yet) What made you interested in investing in this type of deal?

I have only graduated less than 3yrs ago, so although I don’t have a huge amount of assets, it’s still in the 6 figures.My other question to everyone else is if the LLC is not possible, should I just pursue REI while ensuring that I have excellent insurance coverage + umbrella policy.

I know someone on the school board there, and I think they'll make good progress in that regard as well.