Then tried doing the same to my 21 year old cousin.  

Below is a comment from the above blog post.Lynette BoutelleJuly 11, 2019 at 5:03 pmOh cousin, how horrible!

Your cousin should contact the lender to discuss his options.If he rents it out, he must report rental income and expenses (e.g., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

I have no idea what you mean in regard to lending to my cousin, but it doesn't matter. 

I think I'm in a pretty unique situation and am trying to figure out the right hoops to jump through to move forward.Long story short, I'm trying to tap into the equity of the rental property passed down from my grandparents that is held in an S-corp which is co-owned by myself, my siblings, our cousins, and an idiot uncle.

I started my real estate adventure by purchasing 2 single family houses in Oklahoma with 2 cousins, mistake #1.

Quote from @Ryan Cousins: Quote from @Joe Villeneuve: None of what you mentioned answers your question. 

We've seen cases for example where clients want to send their brother or cousin to do electrical work that they aren't licensed for.What I don't think would work is to have a ticket come in, and then reach out to a client so they can shop around for plumbers.

Quote from @Jemini Leckie: Hello, I am trying to understand the Orem, city code to determine if I am allowed to rent my basement ADU that I currently live in two a couple cousins and their friend.

One a side note, my mother's cousin bought several properties for 70k or so in California in the 1970s, it was a big deal then.