Is this feasible in any CT markets or do I need to look further?

This might be an obvious answer but which would be more feasible for someone that doesn't have a lot of money to put down; Using my FHA loan to purchase a large 1bd 1bth condo and renting it out both longterm/shorterm or Using my FHA loan for a duplex/triplex and house hack?

Location is the prime determiner of value, and your expectations may or may not be feasible.  

The lender should have better underwritten the project, the GC and the feasibility of getting the project done.Best of luck!

I was considering looking at homes farther away that seem more feasible and have better chances at cash flow.

Not interested in a 40 hour workweek though, more like 20 hours/wk.I know that I don’t want to own SFRs, so that leaves me with MF only.Is it feasible for me to invest in apartments as my second deal?

The land is already commercial and I spoke with the township and they confirmed that I could build a strip mall.My next step would be to do a feasibility study...

I am very much in the fact-finding stage of considering undertaking any type of flip in Penang and  I am sure I will learn much more about the feasibility once we are living there.

@Brandon Beatty, I suggest: double check the feasibility of raising rents and offloading utility costs to tenants too.

Based on what I have seen, the only feasible option to me seems like to buy a condo in a nice neighborhood for the lowest price possible (<200K) to keep the financial footprint of my personal residence the lowest so that I can save up all the more quickly for my next property.