If you are a smaller check writer, it’s still important to conduct adequate diligence on the deal and the GP but there shouldn’t be any alarm signals going off solely related to the investment minimums. 

That is $500 easy savings by shopping around, but make sure you are adequately covered. 

You do not need to spend that much on furnishings, I think $5,000 is adequate.

First however, I think it’s important to know why you’re interested in a mentorship program first – before you can adequately determine its value or worth.

.- Are there websites where I search for a furnished place for a few months for adequate money?

They're probably not licensed, bonded are insured, and I would doubt that the quality of their finish work stacks up against what most of us would consider adequate. 

Yes, it can help people leave their W2 with adequate scale, but it simply replaces one job with another. 

Further, it's always a good idea to do due diligence into the association itself to make sure it has adequate reserves in case of any large future expenditures.

Correct it appears some words don’t really have adequate synonyms that are simpler so it is good to know those for sure. 

There's definitely a push towards jumping into larger deals without adequate credentials based on the "team" approach concept where one can assemble a team of capital raisers, deal hunters & guarantors who all become CO-GP's.