And therefore, housing expenses go up – whether it’s rent or purchase price.It’s simple supply and demand.If you’ve read some of my other posts here about millennial migration and the trends affecting the Sacramento and Stockton housing market, you’ll understand why there has been a sudden increase in demand for Central Valley housing as of late:https://www.biggerpockets.com/forums/621/topics/396725-millennial-migration-to-sacramento-2017---here-comes-the-rushhttps://www.biggerpockets.com/forums/627/topics/528157-stockton-the-last-bastion-of-housing-affordability-in-californiaThis trend isn’t stopping either… more and more millennials are turning 30 every year (over 4 million) and the average age a woman has her first child is 28.

If not the next easiest option would be to get a parent or someone else to co sign the loan.If neither of those options are possible I’d recommend putting this on hold until you graduate

@Mitch Messer thank you, and yes I know I need to be at least 18, sorry i didn't mention this earlier, however like you said i am starting to research this now in order to get ahead and develop a good plan for my future.My parents are aware that i have the intention of property investment as soon as i turn 18 to provide a supplementary income originally whilst i'm a student, with hopes to expand and grow as soon as possible

Hello, I'm renting from my parents at a discount price in a hot area in Raleigh, NC.

Not married, but with a 2 year old child.

This comes with it's pros and cons but I don't see that as a bad option. or...I was also thinking of staying with my parents another year or 2, stock piling cash from the house flipping I do with my parents business, and then save up enough to buy a 8+ unit building to rent out.

Does anyone know if there are any special tax benefits in this situation:Buy a 2/3 bedroom house and have the child live in one of the bedrooms and rent out the others. 

My fear is that not all college kids' parents are going to make 3X the monthly rent of a 3 BR unit, and therefore it may be difficult to find three qualified cosigners. 

Whereas a 20-something white person with middle-class parents who goes down to the bar, gets drunk, and gets in a fight might receive an aggravated assault charge he gets 30 days in the local slam for, a 20-something black person raised in poverty is far more like to get a terroristic threats charge, a battery charge, and is then charged with resisting arrest.

I believe if that is included, if they do not pay as agreed you can file the promissory note with the court and bypass the small claims process to sue them and it basically acts as a judgement you can enforce, I believe.If you can't collect from the parents, you could also sue all of them in small claims court if they are all named on the lease as tenants.