First Property, Own? Rent out? Flip?

[Cody Bernardy]

Hey BP,

So I'm pre-approved from my bank and I'm actively seeking a property in the Tacoma area (checking out abandoned off the market homes too). I have a full time job that is Sunday night thru Wednesday night.... Should I be looking into purchasing a home for myself and rent out a room (I can utilize my VA loan), Completely rent out in a college town or a flip (I would have to get hard money....and take a lot of days off)?

I'm stuck mainly between renting completely out and flipping... I could use (if profitable of course) flipping to use as a down payment or just rent out near a University and have parents co-sign, etc etc...

Thank you!