@Matthew MendenhallWhat's your runway looking like before learning all the details can you survive a year with no income and investing in your business with no commissions coming in?  

Plus as you grow you have all your old data and you have the systems in place from the start.The only way I'd suggest using no property management software and just using excel or whatever to track rent income is if you just had a few single family homes or something as a hobby.

Don't forget to document the condition in which the home is being presented to the incoming tenants.

Investment property HELOCs are hard to find but a closed end 2nd mortgage on an investment property is going to easily be in the 10s and up for an interest rate.More about DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Why doesn't he want to do it, and what are his plans to do with the reduced cash he gets after selling the properties traditionally? 

Would the potential rental income count towards offsetting the mortgage?  

A huge reason why I decided to travel was so that I could make more income allowing me to invest in real estate.

Wholesalers always like experienced investor but people just starting also need deals and they simply just don’t know to go to wholesalers if you can build their trust of wholesalers it can go a long way, then introduce them to hard money as a way to finance the rest of the deal- they don’t need income verification with hard money good luck :)

If you are new to this type of investing, I suggest you pick up a copy of Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending published by BiggerPockets.

When I started 15 years ago I was all over the map, but soon realized that I don't like low income neighborhoods and the issues that come with it, I traded out of C areas into B neighborhoods.