With rentals - it's cash flow every month for as long as you own it (presuming you find a good rental that cash flows - which isn't the easiest thing in today's market.)Know that you are coming into a high market - both real estate and money are expensive right now.  

And I presume that you can find good podcasts, YouTube channels, etc. - for as narrow or as wide of a net you may want to throw out for your own “real estate investing.”But if you should still have an inclination to trust some guru with a paid mentorship, I’d suggest to go above and beyond their standard contract, which will likely stipulate what you owe them in far better terms for themselves than what they owe you in return for your money: I’d ask them to stipulate - in writing - what “mentorship” your money (at each level of a “workshop”/“education” they expect you to pay for) will actually get you, and for how long.

He is saying this because they won't give the loan you are getting (conventional I presume) to an LLC.

So keep an eye out for the opening of an estate, presumably in the state where the owner currently lives. 

I presume that leaves me only with seller financing or private financing.  

They presumably have the same amount of work to do regardless of the length of stay.

Presumably if a long term refi is taken out, it will impact the cash flow for quite some time.Am I missing something simple?

I presume, as is the usual custom, you wrote up your offer and the listing agent presented your offer to the seller.

I know there are many great tax breaks too from my listening to the BP podcast so I presume that owning property in a company is the best way forward in the USA, much like it is in Europe, is this true and if so, what company structure is best please? 

If you spend the additional $9k your break-even will presumably be $699k and you seem confident the property will sell for at least that.You don’t say what the alternative is.