Something to keep in mind is that they'll still want you to have 20% of the total cost as part of your liquidity to make sure you cover cash to close, interest reserves, and initial rehab cost.

my biz partner and I need to attend as many as possible to learn from like minded and successful investors. 

If you are keeping the appreciating market in mind the deals are there and please everyone stop watching HGTV!!!!!!

As far as furniture that's a different game and not easily possible and really not worth it in my mind. 4.

Are there other options that come to mind?

I see that we have some different ideas in mind when I mentioned "small" towns.

Would you mind explaining what your question is? 

I have heard many different arguments from month-to-month, 6 month, 1 year, etc.The property has a pool/hot tub also that we wouldn't mind allowing access to the tenants, within reason.

It’s good to keep in mind what businesses and attractions are going in or out of a certain neighborhoods to have a better understanding if a property has potential (ex. properties around the new soccer stadium will likely creep up in value).

Ok, so we just purchase our first investment property with the BRRRR strategy in mind.