Meeting with a Realtor, possibly at the same time, can give you an idea as to what your options are on the market.They will be able to lay out your options - FHA, Conventional, renovation loan, etc.Best of luck to you moving forward!

Was trying to find any information as to how to get financing or the best steps to following concerning properties which such parameters attached.Seller is accepting Cash and Conventional Only.

I've thought about the hard money I just know their rates can be much higher than that of conventional lenders 

You should perhaps try to refinance out of the hard money loan and into a conventional loan with a small bank or credit union and then see if you can get a tenant and hold it until you can find a buyer that is willing to take it for a decent price.

I bought it with a conventional loan and put about 10% down.As I begin to look forward to my next potential investment, should I prepare to have to put 20-25% down?

My banker said many of her clients quitclaim out of the LLC into personal names, then refinance with conventional loan, and then quitclaim back into the LLC.

I financed this deal with a conventional loan.

I believe the interest rate and fees are a little higher than FHA or conventional but if the numbers still work it's a good option to consider. 

(Conventional 20%, FHA, VA, All cash etc).

@Steven McCutcheon I confirmed with my lender and it's a conventional instead of 203K, thanks for the tip.