I'm sure it's a hassle, for everyone, to arrange a time that both could attend.

We arranged for the new owner to make payments to a lawyer who held the money in escrow until it was all paid.

They were a pleasure to work with arranging the work, paying the vendors and even suing one supply manufacture and returning my deductible, even though they didn’t get all their money back.

While he will be living in a dorm for his freshman year, I’m wondering if it makes sense to purchase a rental property near campus, that 1) he can live in, and 2) I can rent 1-2 additional rooms.I’m not sure if this is a good strategy (purchasing an investment property that coincides with my son’s school arrangement).Thank you for any insight you can offer.Brandon

They state this is a common arrangement among crowdfunding platforms, including LendingClub.The big unknown is what a bankruptcy trustee may do when facing competing claims of creditors and investors.

However, the landlords weren't charging anything close to resembling a reasonable monthly fee.

How will you arrange that walk through without the seller or the agent realizing whats going on.

It seems you already have a house to live in, as long as you're happy with that arrangement than you could look for another property to buy as solely an investment property. 

However, if you don’t have your own money to get started and this guy is willing to provide advice in addition to capital - it sounds like a pretty darn sweet arrangement for someone without any experience. 

If you are going to pursue obits/probate, then become an expert in everything about that - be able to help answer their questions about the process, help them find an attorney, help them with arranging services for their loved one, learn how to lend money to help them pay for expenses through the process and prior to a sale, etc.