I wouldn't bother investing outside of the big city centers, nor buying anything younger than 30 years old. 

Let them know how much you enjoy living in the home and mention that you’re planning to buy your own property in 2025.

A good PM can assist with initial analysis and either help you buy or knows someone who can help you buy.

It's the concept of buying the debt attached to the mortgage rather than buying the house. 

Thanks in advance,Rookie You’re going to struggle to find cash flow anywhere in the dmv, you would really be buying for appreciation only, both for ease and some upside, I’d look at some condos in dc, definitely some risk, but you can pick up a condo at a price you would have paid a decade ago. 

Some buy to park money, others do 1031 exchanges or they simply buy them for a tax write-off. 

Just stating that waiting will also likely make the cost of what you want to buy go up if the last 98 years of real estate data provides the future direction.

But…There’s ZERO chance I would rent by the room for $600/months more.

Why not use your IRA to just buy the property? 

I would compare it to you or the Seller buying down the rate permanently.