It’s awesome to see someone starting their real estate journey at such a young age with a clear vision and determination.

We're thinking of starting out with short term rentals near or on the beach.

Hi, I have a landlord's policy with Farmers Insurance; the rental property is a single-family. 

And in fairness, not worth doing if you're not making more than that anyway.If he does something like this and it exceeds the SGA (Substantial Gainful Activity) limit he would lose his disability right? 

This is what we have been doing.

They charge $1500, get you into the door, using you to find a deal, setting up partnership to make you carry 100% debt and all the risk, while ripoff 80% ownership (include the 10% for sponsorship to get loan)You definitely can get some useful information from their event but do deal with them?

However when I would do work outs it could be a challenge for private second holders to understand the pickle they were in.All the more reason every investor should obtain qualified legal consultation before investing directly into notes 

There is no average cost, because it depends on what you're starting with.

If it is deeded separately, maybe you can fix that, sell it and then use those proceeds to pay off something to owner #1. 

We do this with specific properties in our management portfolio here in Columbus.