I have the appreciation play / minimal cash flow in Texas right now, so the Akron plan is to maximize steady cash flow.

With 2-3 years of planning. 

- How strong is their ability to pivot and execute the business plan? 

Say they plan on staying 2-4 years.2.

I preferably want to buy in the state of Mississippi and to seek assistance from section 8 as I plan to fix and hold properties.

Only available on one unit properties such as single family residences, condos, planned unit development (PUD) and townhouses.There are fixed 5-30 year fully amortized loan terms with 2-5 year draw periods.

As we did our financial planning she needed comfort.  

If rates fall, you can refinance the 2nd without touching the 1st lien.I wouldn't plan for long-term financing with the Heloc as the draw period will term out at some point.

I'm working on calling a list of event planners to see if they will share any information.As long as I have a plan before renovations, then I think my worse case scenario is that I spend some time, learn some things, and sell it.

We will renovate the fix up the first floor additional dwelling and plan to rent it out as a STR for the rest of 1st year to maximize the return of our renovation expense against our W2 taxes via the Cost Seg / Bonus Depreciation.