@Nate O.To spark your son's interest in real estate, begin by teaching him financial basics and slowly introduce real estate concepts through hands-on experiences like simulations, shadowing, or DIY projects.

To @Mike Dymski point about density bonus for low income they tried that with new builds and that caused a rush of permits to go in before the law was past and very few projects after the law. 

Not sure if the goal is to buy turnkey or do a value add project.

I did a small project from auction.com many years ago 126k Purchase Price 309k Sales Price It just sold for 450K ....  

My interest was sparked this summer after passively listening to a free version of "Rich Dad, Poor Dad" while doing home reno projects around the house.

Bitcoin investing is speculation and I don't have the time or inclination for an IT science project to manage my checking account lol.

Connecting with local real estate agents, property managers, and contractors can provide insights into market trends and help streamline project management.

Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.

You need to demonstrate a substantial investment ($100K+}, a solid business plan indicating your ability to support yourself along with any family members, as well as the projection of hiring US persons within 5 years.  

Your experience with project management and relationship building will be invaluable in real estate, whether you’re interested in development, investing, or property management.Your entrepreneurial mindset and eagerness to learn are excellent foundations for diving into real estate.