Buying a cash flowing condo that can't be financed in the longrun

[Austin Schneider]

Hello! first time poster and new-wannabe real estate investor. 

My question/situation... I have an opportunity to purchase a condo -- but it's in a complex that's "cash only" because banks don't fund in the complex due to an apartment complex purchasing more than 50% of the units (or something like that).  

It's a realistic price point (~$300,000), in a hot location, and could positively cashflow ~$200+ as a rental. 

While the cash flow seems ok, i'm worried when it comes time to sell, it wouldn't make sense because if banks won't lend on it, then you loose a HUGE buyer pool. 

My goal would be to own the condo for SEVERAL years as my first time investment only property or possibly live in there, fix it up, and rent it out for more.

Regarding MY funding, I wouldn't be buying it with MY cash, rather financing through different means, with low interest. 

My question is- am I better off continuing to save and buy something bigger/better later down the road OR do I jump into this as a temporary primary residence and future long term rental? 

Thank you for ANY help-- happy to go deeper as well. 

Austin