You will have saving after recovering points in certain time.

You’ll save a ton of cash and learn a lot.

It will save on headaches and issues that your friend will have.

They pay the mortgage and my utilities (essentially living and owning a home for free - in your shoes you would be cash flowing).Then, depending on what you are doing for a job (or college), it'd be good to establish yourself at work and save enough for your rainy day account (savings in case you lose your job) and then start saving more for a rental property.

I saved 100,000$ and i feel like im ready to buy a multi family property around 70k-90k each unit.

If they can move right in and everything is there, you save them money.  

It is a good way to save some money but may be too time consuming. 

That in itself would be a huge savings.     

If it's a smaller older home that is going to be a truly entry level home for an FHA buyer and will sell for less, than you can probably do a nice reface and save yourself a few thousand.

Show we just save up a down payment once we clear our debt and go the FHA first time home buyer route ?