Given the current environment, I would welcome financially savvy youngsters who are trying to save money by living together.

Some great responses here.In my youngster days I tagged along while Dad and Mom cleaned, painted, and renovated.

My dad did very well at one point when I was still a youngster, and I have fond memories at eight of "helping" him renovate a property by gleefully taking his instructions to heart and using a hammer to take down old plaster and drywall from an investment property in the Adams Morgan neighborhood of Washington, D.C. in the late 1970s when it was a very distressed neighborhood and not the more upscale and renowned neighborhood it is today.  

I think the class A properties are great investments for youngsters like yourself as long as you have protection of equity as part of your backup plan You are not going to get any cash flow because 1 month empty is probably a years cash flow and one fridge is probably 4 months of negative income.

As a youngster, I thought investing was so simple.