Quote from @Isaac Terry: I was looking at homes in Akron & Clevand, they are affordable but since I'm out of state I'm not sure about pulling the trigger on investing. 

Here are my two cents...I recommend starting in a market with strong fundamentals, such as steady population growth, an influx of major corporations or large businesses relocating to the area, an affordable cost of living, and high rental demand.

Home values are much more affordable and the local economy is trending upward.

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it. 

If they or we have those,  we can do and achieve about anything.Most people could afford this easily by trimming their budgets. 

If its a Class C I'd go for a more affordable unit, there's no point in putting in more money than you have to. 

For your scenario, you would be able to afford $8300 monthly mortgage assuming no debts. ($200K/12 months = $16k/ month of 50% = $8333.

I'm eager to learn about how to find and fund properties that help my family financially and my community with affordable/reasonable dwellings for young families and newlyweds.

And I will stay in my condo until I can afford to buy a bigger place.However, with high interest rates, I’m reconsidering.

You might decide that you absolutely want to own your own residence there and I assume you can afford it since you already own properties elsewhere, likely in beautiful Hawaï.