Purchasing condo to live, later to rent?

[Esther S]

My husband and I currently have a house in MN that has been rented out for 2 years and is taken care of by a good property management company. We intend to keep this house as a rental.

We moved to PA 2 years ago and have been renting a 1-bedroom apartment. We're wondering whether it'd be a good idea to just spend what we've been spending in rent and purchasing a 2-bedroom condo instead with the idea that we'd make it a rental when we want to move up in house or move away.

Is this a good idea? What am I currently not thinking of that I should take into consideration to make this decision? Thanks so much!