Would you invest REO or SS condo?

[Jason Kim]

I'm considering to buy& hold on condo(2bed,2bath)FMV@135k for 100k or less with 10% down. If i can find a property at a good rental location and for a good price, i thought it would be a good investment after a long hold for at least 7yrs and sell it for a good profit.
Before making a move i need some opinions to see if investing on a condo a good move. Since i don't have to do anything to the property except little interior works after the lease expires or should i be investing on SFH rather or a duplex apt building at a lower income area with that money?
These are some choices i have in mind but if there's any better suggestions please lay them out. - Thanks in advance! -

[Jon Holdman]

Condos have been discussed quite a bit, so do some searching reading.

HOA fees can be a killer on condos. HOAs themselves can be a pain. You'll always have the risk of a large charge if the HOA decides to do something major.

Unlikely you'll get investor financing with 10% down. At least 20-25%.

Read about the "50% rule" in the Rental Property forum. You're likely to not even do that well with HOA charges.