I have partners that can help fund this project.

Is it good idea to do this project spending about 10k now.

Should I focus on teaching him the basics of personal finance, like saving and budgeting, or is there a way to introduce him to more advanced concepts like market analysis? 

At this time in the project, is it possible to take out a loan against the property in order to buy a great investment which would be a patch-n-paint and could become an awesome rental?

As someone who focuses more on equity than cashflow, I do include capital expenses in my initial analysis.

Specifically, creating a property project timeline for work that needs to be done and when to prioritize XYZ.

What is your projected ConC return with 20% down and 60% occupancy?

However, here are a few options:Private Lenders or Hard Money Loans: These don’t require traditional documentation like a W2 and are often used for fix-and-flip projects.

@Jason Tucker, I'm curious to hear, what ever happened with this project.

It is in a northern MI Downtown area (opp zone) in a county seat with 2 hospitals, had it re-zoned to mixed use, and is considered blighted which makes it eligible for MEDC funding of up to 50% of project cost.It is 8k sqft (4,000 each level) with the lower level being a walkout (top level is street level with sloped drive down to the rear of the building).