The only problem is that you might have to update the condo, or you will probably have a large assessment.
( An assessment is usually for work that is needed to a complex, like new windows or roofs, and can range from $5,000 per unit to $40,000 or higher).
Work with an agent who knows the area and ask them to network with other agents in the area. Try to see as many properties as possible online, and also attend opend houses so you know what you can purchase for your money.
Make sure to get pre-approved for a loan before you start looking around, it will save you time and money.