Continue renting or buy primary

[Luke Evans]

So I'm just starting out in Denver, and my ultimate goal is to increase my cashflow. I'm currently renting at an apartment in the Highlands for $1,300 a month and I'm not pocketing much after expenses each month. 

Basically I'm wondering if I should keep renting and use my 25K savings to invest in a rental that would (hopefully) add income. Or if it would be better to use that money as a down payment on a condo as a primary residence. 

I am finding places near capital hill that look like I can keep my expenses down around $1,000/month including HOA, taxes and insurance. I'm not convinced that I'll be able to find a rental property in the Denver market that would net $300 each month.

Any thoughts? I just want to make sure I'm not missing anything!