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heh. This generally works pretty well. Having the kid watch the place is good business experience, and his roommates are paying the mortgage and then some.
I roomed 2 years in a condo in Westwood like this. They bought for $170 in the 80s and sold for $650 at the peak, LOL.
http://www.fresnobee.com/2011/05/08/2381055/parents-by-homes-for-college-students.html#storylink=omni_popular