If you have 100k in dry powder, that can get you a 300-400k budget easily for a BRRRR deal once you leverage. 

It It gives you a front row seat to understand how you flip a house12.

This is easily the most favorable financing both from an upfront and monthly cost standpoint, and generally you don't have to have received your first paycheck prior to closing. 

If they are professional, they can explain this quickly and easily.

Upon a walkthrough the major things that stood out to me are: roof is near the end of its life, the ac unit, water heater, and a section of cast iron main sewer line (easily accessible overhead in basement) all need to be replaced. 

I do believe that the market is going to cool off quite a bit in the coming months, this is my personal thought granted it may not be true. 2. 1 Bed vs 3 Bed; I could easily afford a 1 bed condo and purchase any furnishings.

Easily last renovated 30 years ago on average.

If being in business for myself over the last 5 yrs has taught me anything its that I can't afford to learn this by the seat of my pants.

Tampa, the main seat of Hillsborough county, has seen a cool off just like the rest of the country and getting a 4 unit in that price range is attainable.As you mentioned, you first want to buy a place to live in; this could be the perfect setup: live in 1 and rent the other 3 out to cover your mortgage and maybe even have positive cash flow.

Can get $800-900 for a 3/1 easily.