It fits into a hole and has arms that expand out to grip into the studs.We have used these before where we can't get into the attic or on the first floor where access from above is not an option . . . easy to install and it will hold the weight you are looking at.https://www.homedepot.com/p/Co... 

Anything relatively close to Route 7 is prime, I believe, because that will take you right up and down the county, with access to everything from shops to mountain views!

@Stephanie SmithHere are the current exceptions as of today.Repeated noise violations;Disturbing the peace and quiet enjoyment of others;Violating no smoking policies;Unauthorized animals;Unauthorized occupants;Failing to pay or maintain utilities (in certain situations); ORAny other material lease violations

There are a few self-contained guides that you can access here: https://www.biggerpockets.com/guidesI really like the alerts feature that can quickly guide you to current topics that might interest you: http://www.biggerpockets.com/alerts

Once you've renovated it the HELOC is a great choice, my mortgages are also owner-occupied, so it usually makes sense to keep that mortgage in place and use a HELOC to access the equity. 

It was an absolute dump, horrible tenants and in terrible shape, but literally built right on the beach access, 27 steps to the beach, and on the best surfing spot on the island.

DO NOT give anyone access until you're certain they are willing to remove everything, not just the flat screen and laptop.

I will suggest you get a HELOC on your primary residence so you have access to the cash reserve for when you need it. hold off on getting the 401k loan till you actually need it. most likely the townhouse will rent fairly quickly except if there are extenuating circumstance which will prevent it from g listed as a rental on the market immediately after

@Bob Foglia, Something with central reservations and management and access to lots of Denver population - Winter Park. 

I wish you the best of luck and success in your investment career.There are a lot of things to consider, and being a veteran, you have access to the VA loan, which can be a powerful tool.