You will be able to find a co-op apartment that allows rentals but whether you'd be able to close on it is another question.Co-ops with poor financials will have trouble selling units to borrowers using a mortgage.

@Rita Medeiros I would pay to have the place inspected, and if theres a problem, I would solve it.

We have taken a few real estate classes and read countless books to grow our financial knowledge.

I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.

It also positions you to work more effectively with lenders and partners who want to see a professional financial setup.How are others here organizing their finances?

I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.

What is your painpoint that needs to be solved.

Look for sellers who need to sell—due to financial strain, property issues, or other urgent situations.

they got ahold of me on fb through one of my groups and claim to be a direct lender. they seem to good to be true. I want to make sure i dont get scammed out of $1,000's on my first big deal. thanks for any info. 

Most of my fix-n-flips are financially at least second base hits, or home runs, but this one was barely a base hit.