I've become obsessed with the idea of using real estate to achieve financial freedom and to fuel my adventure travel lifestyle. 

30 Days Due Dalliance with option to increase to another 30 days.Due Diligence to start AFTER you receive all the financial information, copy of leases etc.

While I'm quite young and not worried about "early retirement", financial independence is definitely the end goal and the freedom it provides. 

Would getting a HELOC be a good financial starting point? 

.- If you go with owner financing, you become the bank so you get paid every month but repairs, property taxes, etc... are no longer your problem.You know your personal financial situation as well as the condition of the home as well as rents in the neighborhood so you will have to decide which model is best for your situation.Good luck!

@Peyton Leal My first comment will be Education. start there. in addition to that look at your financial situation to determine where you want and Can go..?

Have you seen the financial tax records from the owner ??

What are your financial resources?

Right now I’m in the learning stages before we pull the trigger to find that right property in Spring or Summer next year.Our main objectives are:1) Build financial freedom through cash flow.2) Looking to buy and hold rental properties.3) Finding a solid deal with good numbers for our first property.

So there is a good chance they just cut a deal with a vending company and aren't getting a big financial return anyway.