Welcome Alpa, and I would suggest looking at the ability to rent your prospective place later (some may allow this and others not so much). BP breaks into buy and hold rentals and flippers, but they overlap some. The rental option may be limited on the condo/co-op, so do your homework there. Lots of forums on it if you search the site. Best of luck
Thank you for all the feedback. Biggerpockets has a lot of useful information. I am doing a lot of learning and listening to some of the podcasts related to buy and hold. I realize I have a lot to learn and also plan my strategy well. But the more I learn it is becoming very clear that buying the right property/at the right time and getting a good deal with a little luck is very important.
I will post a more detailed query with specifics as I build my strategy so that I can get more specific feedback from all you experience investors. Thanks again.