They will need to figure out for themselves if they can afford the increase.

This my friends on BP is just the reality of Real Estate you have two basic methods One mom and pop keep their day jobs and start buying long term hold rentals as they can afford them and if they like it they keep at it..Two you jump in the game and try to make money transactionally IE RE Broker  Flipper Wholesaler MLO  leasing agent etc etc.. this also is a long term ramp.. what the Guru programs attract generally speaking is those that get excited think they can somehow buy a program ( any program pick one) and its going to jump start them to this mythical financial freedom everyone talks about..

For sure get an investment property first which is affordable (out of state), then later, buying your primary home will be even easier with lenders.

However, we are back to normalcy of 60 days or higher on the market.What we continue to hear is that affordable homes are the continued need in Valdosta.

We had many mishaps and health problems to deal with.

People carry too much debt and even if the debt was forgiven or paid off, incomes don't match affordability. 

or like anyone paying 30k for homes in Cupertino in the 60s  sky hi sum.. or when i went to buy my first home in 78 Cupertino was 100k who could afford that.

Affordable Housing Incentives -While SB 9 encourages new development, it also includes provisions to protect existing tenants and preserve affordability.

Tell him he clearly can't afford the rent and things won't get better.

Once you have a consistent amount of income from your business for 2 years where you can afford to buy a primary, then I would look into house hacking.