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Updated about 7 years ago,
Buying a rental property in Collage?
I live close(about 35 minutes) from where I will be going to school here in a couple of months. My mom would like me to stay on campus all of the years I go to college but my dad isn't so big on that. I was thinking after the first year, I would use the money I would spend on staying on campus and use that to buy a rental property? Would you advise someone like me to do that? Would it be smart for someone like me to do that with no real-life experience buying a home? If I do buy the rental, I would stay at home so I could earn the extra income form the rental. Let me know.