Slow and Steady - 1 bed/1bath Condos in Hot Spot Cities

[Stephanie Ro]

I haven't bought a property yet (very nervous, but it will pass after getting more educated). I rented a 1 bed/1 bath in Las Vegas. It was a small space, but in a great spot. Since duplexes aren't easy to find, I was thinking about buying a 1b/1b in a popular city, Nashville, TN specifically. I'm overseas, but just hopping around on Redfin. (Not going to buy until I get back to the States). Slow and steady is how I'd like to go. 
There are a few inexpensive 1b/1b in nice neighborhoods that are old, but turn key. Several were $85k-$100k. They actually looked nice. Surely, I can fix up and rent out to someone who will likely rent out b/c Nash is such a hot spot much like Austin (Texas property taxes are high though). Even if it weren't TN, wouldn't this be a "safer" way to go to slowly build cash? Find the highly sought after cities? Even 2 beds 1 bath (or 2).
(I would go through a property manager in an HOA by the way. I like safety nets when starting out. I would also consider 2-3 bed house but don't want to deal with having to fill rooms. Also - want something less expensive to start.