Yes you can do this typically a commercial lender or private lender is how this is done assuming it’s not your own cash

IF I don't sell my condo, it will rent extremely easy and passes the 1% rule with flying colors.

This would leave you will two instead of one and in Texas SFR typically don't rent for as much per sq ft as a multi family would.

Typical city apartment living.  

No that’s typically a bad deal

Having to "come out of pocket" at all makes it typical to justify it as a  good investment.It looks like the only way to make this work would mean you would have to lower the price down substantially. 

(Redeem it)@Sandy Uhlmann i can't respond specifically to OH law but typically in most tax lien state, the above is not exactly true.

For those that have purchased single family homes from them how much do the houses typically cost all in?

The way listing a home typically works: - Seller Broker signs a listing agreement with Seller. - Seller agrees to pay 6% commission to Seller Broker. - Seller Broker places the home on the MLS and offers Buyer Brokers half of the commission (3%) for finding Buyer. 

The condition we typically use allows for a concession of 3-months scheduled rent if a unit becomes vacant between the acceptance of our offer and Close.That said, when you collect estoppels during diligence, most "irregularities" between information supplied by the Vendor and the tenants' views will be exposed and you can simply negotiate a resolution at that time.