Plaintiff's attorneys are normally after the insurance money and they are generally making their decisions on who to name, add or remove from complaints based on that. 

I haven't done much digging since this is normally a show stopper.

- You can rent out the bedroom you would normally occupy.- Most cities do NOT care if an owner lives in basement, but will not allow a tenant to unless baement has legal egress window.3) Check local statutes if any limitations on how many unrelated roommates are allowed.4) Check with local building dept to see if rental inspections and corresponding requirements.5) Local statutes allow locks on bedroom doors?

It's normally the desire for immediate income that steers most investors towards bad investments because they are hyper focused on cash flow which is often portrayed differently in spreadsheets than in real life, and should be a consideration but not deciding factor.

@Mary LopezYou could use a DSCR commercial lender which will allow you to close in an LLC with 30yr fixed options and better rates than normal local commercial lenders.

Get a B class property with a normal tenant.

My kids went through this around the same age and still have an interest.Teach him financial literacy and include him in what you are normally doing.

I wake up a random Tuesday am and think "yeah, paying on these notes sucks, ok, let's stop doing that" and I just send an e-mail saying payments stop.......

The guys who do cash out normally account for huge tax hits. 

No one  (aside from ideologues) seriously considers bitcoin a currency anymore, and there are secure ways to store your bitcoin using hardware wallets but it's tough to convince normal people to do it which I think will hamper it's adoption.