First investment: Condo house hack

[Sebastian Roy]

Hello everyone,

I am considering purchasing a 2 bedroom condo as my 1st investment and I will rent the 2nd BR out. The condo is about 3 Miles from a university so I may rent to a college student or a friend. I was curious about the positives and negatives about condo investing and if it may be a good investment overall. The property would rent for over 1% of the purchase price once I move out after 1 year.

Thanks!