Deep down I agree with the sentiment.

It'd be great to rent the place out down the line but I'm not even concerned with that, unless of course it really just doesn't work out with me being happy living there.The general sentiment that I've been hearing is that now is a great time to buy still (low interest, qualify for loans, etc.) and that time is "running out" so to speak on Downtown properties because value is continuing to rise.

My wife has echoed that sentiment from her experience as a residential agent.

We are located directly across the continent from you (literally - the latitude is almost the same) and a country away, but are also in a university town and have several student rentals: apartments, houses, rooming houses.We share your sentiment that students merit decent housing (clean, safe, energy efficient) and that is what we provide.  

I agree with the general sentiment of this post, but I think he's a bit black and white in analysis.  

To echo everyone else's sentiment first time rehab,You are looking at 80-100k depending on finishes.

I echo @Steve Vaughan sentiment on the multi.

Hi Sam,Just to echo Ed's sentiment, it's all about the contract.Good luck! 

I've explained to a few that my offer is based on my using the property as an investment, and that I hope they do get a better offer from someone who is not an investment buyer and sees the house for its "sentimental" value.

It was the first house I ever bought (note: sentimental value) and it has been a great property to own.