I am extremely experienced with short sales and when done morally and ethically, they can be an effective method.

I am sure this will boost my credit score dramatically and I would like to know if there is a way to add this account to my credit.

While you don't get the tax advantages, finding a a cash-flow property to boost your retirement is a popular strategy and I have not heard anyone say anything negative about it.

From a moral point of view, I'd want to know that before I assisted someone in that manner, did they breach the agreement, are they in the wrong here or did the husband mess up.

The assumption that any judgment or bureaucratic decision is morally valid is simply not realistic.

You'll prove your point, it will be a moral victor but...2.) ...on the practical ROI side of things, I'd imagine you're going to have a hard time collecting.  

You have good credit and some funds for a down payment, but you sound like you could use a boost to your income... so finding a multifamily property that allows your tenants to cover your living costs (and maybe a little more) would be great.

I should be OK on cashflow for a little while which I should should create a short term boost having someone lucked out a few investments. 

I would say research turn key investment property companies and if their company morals align with yours or what you seem fit for such a company explore purchasing one from a provider or two.

To me it shows no morals or ethics whatsoever.. to even think this is OK.. just gets me.Like you I built a substantial sub too portfolio over the years.. but I also had more than one called.. and we stroked 100 to 300k checks for them.. there was a group here in PDX I think they got this from rich dad or another guru that came through town they did about 30 of these long term sandwich deals. and one by one the buyers flaked.. sub prime borrowers no matter where they are what they are .. are a big default risk.by the time they got to me  14 of the 30 were not paying.. and of course in our area mortgages are in the 1000 and above range.. and they are making their 200 a month delta.. but when you have 14,000 a month negative.. hostile owners of homes that know it takes a year to boot them.. and the folks you bought the house from are screaming.. ( many of these folks the credit was fine )  it was a cluster of epic proportions.. calls to AG to DA  come to Salem for a hearing..