@Chris Jargens - I am from Columbus, though thankfully out of Ohio now :)Understand - I call this Luxury House Hacking.

Comps stay on the market for 30 days, some for 90+ in luxury market.

If you're saving up money to buy and don't have the luxury of nearby family to live at home with. 

., because you're paying for the luxury of having someone else take care of everything for you.  

Since it's such a high demand area I would try to drive down the purchase price deducting repairs and maximise rent making the units "luxury" rentals, also who will be paying for utilities are the units metered separately?

My wife and I are making our first step from getting out of our early twenty mistake of buying a luxury home with land and moving into a house in downtown Colorado Springs.

Thats only a question you can answer, as you know luxury homes have a small buyer pool and can end up sitting there for who knows how long.

I don't want to belittle anyone who has racked up student debt, but usually those people spent years in college without pursuing scholarships and subsidies, and living relatively luxurious lives while delaying getting a job.That said, should you choose to pursue a college degree, you're better off diversifying into some other field (imo) than real estate; RE doesn't value degrees, and the barriers to entry are minimal.

Mcmansions will continue to be a luxury of the top %.  

I didn't even know I was too leveraged until I had the luxury of hindsight.