There's a med school nearby and this is in a popular area but looking for any insights on how i could best target the market I'm looking to rent to in the next 60 days.What other information could I provide to help answer my question?

Another choice is to partner with some one for the 20%. 

Once that is done, you have no choice but to vacate.

Converting your term policy to some type of cash value would be poor financial choice, your premiums could easily increase 10-fold for the same coverage.You can use your Roth and Traditional IRA (and 401k) to setup and moved funds into self-directed IRA, which would give you the freedom to invest into any investment opportunity. 

The obvious and best choice would be for him to work for free on a flip and then we split the profits. 

I know this won't be a popular opinion but my take is that market conditions don't really matter.

Using FHA to get my first decent rental property seems to be an intelligent choice since I am currently paying $664 per month for rent before utilities.

And if ne has bad intentions a lot of time people think they can do and have what others have without working or getting the knowledge for it and then they buy something like a property to try the get rich quick ordeal and then they find themselves upside down and people like us come in and get a great deal off there ignorant and greedy choice the made.

Last choice (for me) would be using threaded fittings and pvc/cpvc/pex line. 

I may put a neighborhood (if its a popular well known one), a block # (xxx block of main st).