@Joe Splitrock and @Eric James and anyone else who read my OP and were a little put off by my "culturally vacant" comment, I humbly apologize for my choice of words.

If you think you'd be a little cash flow negative renting out your co-op it could turn in to a lot.

Problem is the OP is not experienced enough to know anything about what you've said otherwise he would have picked it up immediately.

So, it is flawed in it's initial state.I have no doubt that OP will turn it all around and make it a profitable endeavor eventually. 

@Moderatorsthere is a BP post below of a deal looks like it’s in your ads  as you can see the OP has said one of the offering parties scammed her out of money   Might be with looking into   @Elbert Dockery The Q here isn’t if you were involved with Scott Steffek.

@Scott Mac It would seem that the OP’s primary goal is to create 1 thing: a profitable Deal.

On top of that, NYC is the land of the co-op, and they are hard to invest in so we're stuck with ridiculous expensive SFHs and multi units, or co-ops you can't rent out due to maintenance fees being high and co-op boards being strict.So how does someone start today in NYC?

Just suggesting it as a possible option to the OP, especially if the amount needed is small and needed immediately, like $10-15k.Personally I always use small local banks that provide purchase + rehab financing all in one loan. 

@Storm Daniels,Based on your original post (OP) and my impression of the market, I would recommend just flipping the house.

I do not want to do a co-op.