If I were him at that age (only 2 years ago ;)), I would evaluate my debts and think about what my compound losses would be vs my student loan pay off expenses and figure out an acceptable percentage to pay it.If he were under 18, I would suggest a self directed CESA account for this to help future school expenses.I think he should definitely open a self directed Roth IRA, start playing with tax lien certificates in his investment accounts.

That will give you a percentage return for your money. 2) Calculate your total return on investment (ROI).

If it makes you feel better @Karen Margrave - your "vote percentage" is way higher than mine!

What is your cash return percentage on commercial prices versus residential prices?

A conventional bank, local or not, will only lend a percentage of what it's worth now so you'll cash for down payment and rehab and all holding costs.

Time is a very scarce resource...your overall ROI percentage might be higher with SFR's right now however the total dollar amount of income can be much larger with apartments.

I would guess there is a percentage (maybe 25%) that are going to move out no matter what and another percentage (maybe 25%) that are going to stay no matter what.

I really appreciate your advice.Wholesaling these foreclosures might be more hassle than I first thought.I am going to ask my boss how they feel about maybe referring some of these people to a short sale specialty real estate agency.Hopefully I will be able to negotiate some sort of split percentage of any closed deals with my firm.I don't know..what do you think??

Perhaps the easiest solution will be to record a Quit Claim deed that relinquishes a percentage of ownership from the original purchases and assigns it to your business partner.

Paying a percentage of their monthly MLS membership fee?