Did should like buy this condo for "house hack" - Norman OK

[Mbaye Diaw]

Hello all,

I am a young professional single no kid and I have not been able to sleep since I discovered BiggerPockets and the concept of house hacking !

I tried to push the numbers in excel and I find this to look like a good deal what do you think ? 

This a condo near Oklahoma University, walking/biking distance to my work and campus. I think I am having analysis paralysis because:

1) I am a complete noob, I am afraid of making dumb financial choices 

2) The university of Oklahoma went on a frenzy building an absurd number of new student housing too expensive for many student  (according to This article occupancy rate were 28% !)

3) this property has close to zero appreciation according to Zillow ?!

Am I missing something ? how would you approach your due diligence in this case ?

your advice would be greatly appreciated.

[Rhett Tullis]

stay away from condos .  especially here in okc metro.  many dont like rentals and many will and have passed rules that do not allow rentals when there is a change of ownership.  be sure and read the bylaws carefully and talk to someone on the board with the hoa as well.