Keep in mind when investing in condo/thome communities, you will want to check the HOA's ( homeowners association) guidelines about renting the units because they may have rental restrictions or caps that may limit your chances of renting out the unit. Or if their rental cap has been met then you may have to put on a waiting list to rent your unit which you can see will interfere with how soon you start seeing a return on your investment.
Find a Realtor that will guide you in the process and help you find sound investments.
Licensed Realtor in NJ and GA
You can go for either 2 bedroom or 3 bedroom depending on price. Any communities will be good. However, If you want to be close to Edison Train Station, Edison Manor is a good option which is walking distance to the train station. Also, "The Commons" is also close to Edison Train station. For further details, Please do not hesitate to contact me.