This woman might not be able to afford your apartment currently, some people might consider your apartment a steal of a price, and others will stretch their budget to be able to afford it.

But typically any conventional loan with less than 20% down payment you'll have mortgage insurance, but can either be borrower-paid or lender-paid.It's always good to review your situation with a lender, so you know your qualifications and budget.  

Once you get a job and get more acquainted in the real world, find an agent that you like, they can help you find a lender, start making some offers and close something up that can make sense to live in/rent out for both your budget but also as rental.

If you find a deal that aligns with your budget and goals, don't dismiss single-family homes with basement rental potential either.

I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area due to some recent life changes.Here’s a breakdown of my situation:Location: Sacramento, CA (4 bed, 2 bath, recently renovated)Current mortgage payment: $3,940/month (including escrow)Mortgage balance: $475,000Current home value: $515,000 - $535,000 (based on comps)Rental estimate: Property management companies are quoting $2,600/month (with fridge/washer/dryer included), but some websites suggest it could go for up to $3,000/month.Planned budget:$540/month for capital expenditures and maintenance$100/month for lawn careTenant to cover utilities (gas, electricity, water)7.5% vacancy rateWe bought the house thinking it would be our forever home, but with our current situation, I’m trying to figure out the best long-term plan.

But city governments, schools, public libraries and first responders could face major budget shortfalls."

@Sathya Priya SampathkumarMassachusetts offers various neighborhoods and states suitable for budget and cash flow goals.

Either an in house maintenance person with HVAC certification or you have to hire out subs for the various jobs.You can always contact PM companies and ask them what they budget per unit for maintenanceGino

To give some context, my budget is around $300K, so any recommendations within that range would be especially helpful.Looking forward to your advice and suggestions!

The classic renovation headaches, setbacks, budget, and furnishing which all just took way longer than we had hoped.