I came to the conclusion that purchasing a 2bd/1ba condo is my best option.

Hello Cherilyn,I think you have a couple of options, the good news is that they are paying you, the better news is that you are collecting late fees.1.

Often the best ones are the smaller community banks in your area, not the large coporate banks however they'll have options as well but its normally relationship based where you'll come in to the bank to meet them and they'll be looking over your financials, credit, investment experience, etc. however once you're in with one of them, it becomes much much easier to borrow with them in the future...

Is this a good option?

However, you have two options to solve this. 

Columbus could be another option with better metrics for long-term appreciation, but the cash flow will be tighter compared to Cleveland. 

I would love to hear from those familiar with this option (or any similar option available).

Many investors in similar positions begin by building a network and learning the basics, such as understanding financing options, which can often be more flexible and approachable than people expect, especially for those just starting out.One suggestion is to set clear financial and personal goals so that you know what you’re working toward with each investment.

I know I have options.

Zoning varies, so always check the local regulations for your specific needs.Financing: While cash purchases are common, financing options are available through local banks and credit unions.