. +1, and with the current COVID situation we've seen more demand than ever from parents who are scared to have their kids live in the dorm and prefer them to live off-campus.

Please control yourselves and refrain from making personal attacks in this or any other thread.Trolling is also against the rules so lets keep things civil here please.

In any case, I was sitting on cash ($150K +/-) thinking/hoping the real estate market was going to adjust (downward) to make room for me to make a move, when Covid hit and everything got out of control.

You personally would not receive any benefits at this time, but you control the asset and it would grow tax-deferred for your future use. 

Her family grew up poor so she is very controlling of the money.

Growing up, I watched my parents move place to place and rent each property.

My view is units that are rent controlled (all multi units) will have multiple years (probably at least 5 years) of max allowed rent increases to compensate for the increased risk and higher property values. 

Just come experience it for a week and dive in.Living and owning a business in our state Capital - Wichita and Sedgwick county are not perfect but they are run far far better than the corrupt bozos that control Topeka/Shawnee county. 

Walking distance from shops and parks.Financing:I am looking at traditional financing and am lucky to have my parents help with the down payment.

My parents lived in the area for 25 years.