I am sure I will have plenty of questions along the way, so thank you for letting me ask questions if need be.  Have

Bravo @Mike Bolen - - you got it - - it's a job, not an investment.VRs are seductive in the proforma stage of analysis, but the math doesn't behave like tourists and there can be extraordinary vacancies and very hi operational costs.People go to vacation spots for a reason;  winter sports, summer hiking & fishing. 

However, I don't like the utility unknown and the fact you have no real control over the tenants behave and therefore how much those could be.Like I said, I think your utility estimate is low, but even at that, it's almost 2/3 of what I would expect your monthly P&I to be at or near the target price.

I have actually thought about getting my brokers license and with this new law, it might just be easier to do that than to be having to deal with a realtor all the time.

The door is wide open and there are many ways to plan your real estate investment plan.Figure out where you are and where you would like to be.  Having

People often behave better when they think they are being watched.Agree with @Nathan G.to not offer lower rent, but to compensate separately.

They are not well behaved and seem a bit aggressive as well.

@Ervin Alex I calculated what the Mortgage would be assuming that I got a 30yr 6.5% fixed rate adding HOA, Prop Tax, Insurance and up keep minus the Rents received, I would be have a fairly significant cash flow that I'd be comfortable with.

I have no idea if you will be having another job, how active you will be in real estate, etc.

The pro would be the positive cash flowThe con would be having to live with my parents for another few years =(There are pros and cons to each situation and I'm not even factoring other outside influences.