CAR uses ZipForms; you can buy the software and load it on your computer, or sign-up for online access (available anywhere with internet connection; always updated).

And the underwriter will question what real estate asset is being financed by the mortgage debt showing up on your credit report.

The only other way is to borrow funds at market rates collateralized by your assets and pay for college.

I'm not worried about finding the meters themselves, I'm more worried about getting the right software to track water usage and make invoices for the tenants so that I can waste as little time as possible on the bookkeeping.

Next go into asset types and typical returns to expect.

Take things slow and gradual to keep from getting over leveraged and watch your assets grow.

Do you make the rules such that the person who is managing the asset controls the deal and when it will be sold period?

On a side note, I am also putting a small amount of money into LendingClub.com in crowd funding unsecured notes; higher risk then something asset backed, but the site makes it damn easy to spread your risk.

They are not and that is the first key to understanding the asset class.

Can anyone tell me if there is a simple way of locating asset managers with performing or non-performing notes or REOs, or if there is a professional organization that many of them are members?