I figured what better place than the bigger pockets forum to ask if maybe I'm not thinking of all my options.

I would be OK with doing a single family and then renting the rooms if that was the only option.

This could create a disdain for flipping properties and not continuing on the path..The other option could be wholesaling it to start a path to build a war chest to go out and do the first flip with your own money down. 

Happy to talk further on the area (we are large enough to offer options to focus on student rentals/UW Madison campus, and anything from Class C to A locations or suburban/surrounding communities) but to help you consider broad initial search, you could start by deciding how important cash flow is. 

Once you evict them and are ready to rehab, you have various loan options to cover the renovations costs and pull out equity.4.

Condos will be your best option when compared to co-ops because only about 15% of co-ops allow subletting.

Start by researching areas that fit your goals, understanding financing options like FHA loans, and using the 1% Rule to evaluate deals.

Most are looking for an option to find a property quickly that they can identify and close.

My team is also well connected to this sector of the industry allowing us to be experts in Land listings as well as have access to numerous Off-Market Listings.

It also depends how nice it is compared to the other options out there.