@Jon Minerick  I did not read or listen to your reason against.. but in my mind anyone in CA or west coast that is going to engage in this business and be successful should have the license.. the cost is nothing compared to the potential income.. all business's cost a little to run I can't think of one cheaper than real estate and with the potential to make huge money.as an investor you get to save commish buying in CA that is usually a big number.. you have instant access to MLS which is huge.. and if your a flipper or builder contractor in my mind your absolutely foolish not to have a license on your team..when you flip homes one of the major expense is selling commissions. 

@Erik SherburneWhile it is not prohibited to invest your IRA alongside family members in the same property, specific rules apply that should be discussed with your attorney.

Ohio Revised Code Section 47235.01 (K) provides that an attorney is exempt from the requirements to be licensed if the conduct he is engaged in is part of the performance of his duties as an attorney.

I would obviously engage a lawyer if and when it is warranted.

You can spin the increasing debt as "consumer confidence," alongside manipulated statistics such as "lowest unemployment rate" (look around you, do you really think we don't have an employment problem when all the headlines are about the fight against outsourced labor and technology taking human jobs?)

Learn by doing, together with your children - So the example I gave was, my son and I actually took a class on trading options together.Learning alongside one another definitely helped the both of us understand what we were being taught.2. 

What type of RE investments does he engage in.

The problem with credit scores is that a person who is barely solvent can have a high credit score and a person of who has paid their rent on time every month for the last 5 years can have a low credit score because of something that happened 6 years ago or because they don't engage in borrowing activities.It also wrongly posits that you can extrapolate attitude towards rent from attitudes to other types of debt.

Now you need to engage a SEC attorney and get a PPM. 

Glad you are getting connected on BP it can be extremely helpful if you engage consistently.I️ imagine your time with the contractor will be helpful in a lot of ways as you begin your investing career.Best of luck to you!