Following a successful career in which he was a leading jockey at New York's Empire City Race Track, he remained in the industry as a trainer.
In 1951, at Monmouth Park Racetrack in Oceanport, New Jersey where he would become a two-time leading trainer, he notably won the first of his two Salvator Mile Handicaps with Call Over, his best runner to that time.
Among the other notable horses Eddie Yowell trained was Merry Ruler, a multiple stakes winner in the early 1960s who equaled the Aqueduct track record in winning the Carter Handicap in May 1962 then in July set a new Aqueduct track record while winning the Gravesend Handicap.
A substantial operation, in addition to living quarters, barns and sheds, the partners built a one-mile (1.6 km) training track that remains the property's centerpiece to this day.
On July 14, 2006, Lerman sold the property to Ohio businessman Larry Roberts who uses it as an American Quarter Horse breeding and training operation.