We currently owe almost 100k in student loans and wet have a mortgage of 240k on our house.   

It's quite hardy, one of the cheapest "real" "hardwood" options, and also is resistant to water damage.Avoid Pergo or composite laminates; they break down when wet.

Then if they have more questions they can utilize the forums at that point.I was thinking of something to start off as a jumping point, for them to get their informational feet wet.

I don't understand AIR BNB rentals and might be willing to look into it after I get my feet wet in the standard rental, but Key West is the place for it for sure.

I know there is no right answer here but I'd like some feedback on whether I should try and get my feet wet with a live-in-flip(this might be a worse idea than buying a rental property) or just keep saving cash to safely increase my liquidity for a buy-and-hold strategy when I settle in Texas.

And it's a chance for me to get my feet wet in the Scottsdale market and make some great connections. 

However, if you are doing it to get your feet wet and gain some experience you should really work on your analysis and have more clarity before moving forward.Good luck to you,Arlen

And you get you're feet wet with landlording (my lenders wants to see 2 years experience in landlording when approving investor loans).

For a while, I believed that I am making the correct decision by obtaining a masters in real estate to learn more and have a degree, but lately, I have been second-guessing myself and I am unsure if the MSRE degree is worth spending 30,000 towards tuition when I could instead get my feet wet with getting my first deal. 

or stop the damage (tear out wet insulation,...) it is likely that the company would approve the costs but I recommend checking it first.Even though your policy is at Replacement Cost, they will only pay that amount if you rebuild.