Re: $27 bankroll
Cash is viable. Buy in for $2 or less at NL2 - sure you don't really have sufficient buyins, but you don't really have the level of recommended buyins for anything.
I dislike anything with a 20% tournament fee, so I don't recommend 1.20 45s. 1.75 18 turbos seem okay, as do 1.10 turbos. Personal preference should guide you, none of these choices are terrible to grind at. I mean, if it suits you, you could chuck in some $1 and lower buyin large MTTs, though be warned of variance.
I'd personally go for NL2, I think it's more profitable and teaches you more about poker due to deeper stacked situations. If that's not your thing, I agree with your choice of $1.10 turbo 45s, due to having half the fee of 1.20s and being quicker (though this removes some of the learning aspect). There's no reason you can't mix them, for variety if nothing else.
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