It seems a bit premature to be setting your protégé up with machines and his own shop. You did say hobby. If you can, why not continue to instruct him on your equipment in your shop. A few years down the line after he gets an education and a job he can set himself up just like we all did. He will appreciate it more that way. If he really has the machining itch it will last forever. All in good time I say but I really should mind my own business, sorry.