Should I buy my own condo or an investment property?

I’m just out of college and in the finance world. I know about the obvious reasons for building your own equity, but I’m having a hard time deciding whether I should buy my own 1BR condo in Chicago, or to purchase an investment property to rent out. Either way, I will be building equity, and obviously both would be the way to go, but I don’t have enough for both down payments yet.

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