There's no right or wrong way to do this, but long distance deals with contractors can go badly in many ways, probably more horror stories than success stories. 

You get a deduction for the contribution, the gains grow tax-free and as long as you use the proceeds for health-related expenses the funds come out tax free as well. 

There are no standards or guidelines when negotiating a seller finance deal, since seller is acting as the bank all terms are negotiable.

The last point that I would make is you need to get into 3-4 pillars of the business that you will have for the long haul of real estate.

There are some nice pockets in both Chandler and Gilbert that do well as short term rentals.

If your goal is financial freedom, which is a long-term goal, not so much.Financial freedom is a long-term proposition, not a one-time event.

Looking at this property as a long term rental strategy.

they'll be able to guide you on what programs are available, how much you'll need to close, what you would need to get pre-approved, etc.if you start with a house hack you're going to be ahead of the game in the long run, so it's OK to be patient for a year or two. 

From what you’ve described, it sounds like you’re more focused on long-term appreciation and future benefits rather than immediate cash flow.

Some options that might be viable for you include: Private Lenders – Such investors usually offer short-term lending but provide greater flexibility compared to a traditional hard money lender.Lines of Credit – Another alternative could be an excellent option to finance several deals at once using a business line of credit or HELOC (if it applies).