<prompt> Human: Im currently 25 years old back at my parents and plan on getting out next year. Problem is, rent for a decent 1 bedroom apartment in my area goes for at least 600. Instead of renting, Im thinking about purchasing this condo.I currently work two jobs putting my net income at about 2200 a month. I do not want to make a purchase or rent thats dependent on having both jobs. The HOA fees are 265 monthly. Its 2 bedroom, 1 full and 1 half bathroom.I still want to go back to school eventually and major universities arent too far from where I live. It seems this may be a relatively wise investment. Its cheaper than if not the same as a one bedroom apartment and Ill have the option to rent it out if I wanted to move. Is this a wise investment?Edit: I realize now that owing a condominium is a good bit more difficult and risky than I initially assumed. Having the freedom to move around is incredibly important at this stage in my life and Ill take my chances with rent for now. Thank you all for the valuable insight!  <response>: That is a high HOA for a 35k condo. Do a little research and find out what they spend the money on they should have an annual budget and if there any pending lawsuits. It could work out for you especially if you got a roommate. I am just suspicious of a 2 bedroom condo for 35k. 