Savings accounts definitely don't make sense. You're losing at least $100/month in real, inflation-adjusted terms (ballpark figure assuming 1% interest and 2% inflation), not to mention all the money you could be making but aren't.
If you want to get into stocks & bonds, come up with an asset allocation and buy one or two low-cost diversified mutual funds which make sense to hold in a taxable account (e.g. total stock market index, international index, municipal bonds). This is not a bad time to buy, it's probably just not a screaming deal anymore like it turned out to be a few years ago. Even in 2010/2011, there was a lot of uncertainty and it wasn't a no-brainer. You're looking for the market to give you signals that never appear except in hindsight. Meanwhile, not buying and sitting on cash is statistically more likely to cost you money (-3% average returns due to inflation) than buying (7% average returns). And remember, even if the market crashes the day after you invest, historical returns suggest you'll get your money back and then some in 10 years or less (for the financial crisis it was about 5 years without considering dividends).
A rental property can also make a lot of sense. Make sure you understand how to do the math on telling whether a property is a good deal or not, and apply that logic to your condo: if you didn't already own it, would you buy it today to turn into a rental? Condos can be hard to cashflow because condo fees are such a large expense, but it is possible for it to work. Remember the principle of opportunity cost: compare returns on your equity from renting your condo versus selling it and putting that money in stocks.
After all that, it comes down to personal choice. Do you want the well-diversified, volatile, no-effort returns from the stock market or a single investment, (less?) volatile, medium-effort higher returns you can get in owning real estate? Doing either one (or both to some extent) has made many people wealthy as long as you understand how to make each one work.