Based on my research of the area, you have to spend around 75-90 asking in order to actually have enough room for a substantial profit?

Additionally, I'm curious about any challenges you might have faced during the process and how you overcame them.

I have about $30k in the bank with approximately $80k that could be pulled out of my primary home with a HELOC.The main reason I am looking to invest in real estate is to escape the rat race, get out of a traditional W2 job so I can spend more time with my family and become overall financially free.

Think about it this way:  Some things you spend money on, you consider them an expense, and write them off as an expense against income on the year they were bought.But some items you depreciate over time.   

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

If you don't have much credit, I'd recommend also seeing if there is a way you can get a secured credit card (card that reports but it acts as a debit, so the money you spend is used). 

I literally spend 20 - 30 minutes per month with a dozen units.

Tips and Best Practices: Lastly, any additional tips, best practices, or words of wisdom for a first-time home buyer exploring creative financing options and navigating the real estate market would be immensely valuable!

In addition to that, he owns a sober living business (soon to be) over 12 homes.

While your current situation may bring a few additional challenges, we would love to help get you to the finish line!