Condo or house with roommates?

[Daniella Ortiz]

Am considering my first home purchase.  

scenario 1: buy 260K 3 bd home...30-40K rehab and have 1-2 roommates at 600/mo each.  

Hopefully resale value will go up quite a bit in 10 years.

scenario 2: buy 150K 2 bd condo.  No rehab needed.  One roommate 600/mo.  Don't know how much it will go up in 10 years - the condo exterior is dated (inside is all rehabbed) 

Thoughts?  Which makes the most sense financially in the long run - I'm in Austin.