<prompt> Human: Hi guys, in need of some personal advice here. I just graduated and accepted a job in Dallas. I have the option of living at home with parents vs buying my own place vs renting. Putting aside the option of living with my parents, could you help me understand how to approach solving this problem? I dont have substantial savings, but I will have stable earnings for atleast two years and my parents are willing to co-sign. The Dallas real estate market seems hot right now and my gut feeling tells me putting money into a property and building equity will put me ahead of renting. Im looking to stay in this property for 2 years. Things I think are important: - Predictions of real estate market positive, TBD with more research - Credit score Fairly good, not perfect since I just graduated - Debt none - Savings not substantial, again - just graduated - Planning to rent out 12 of property - Tax savings tax rate will be around 36 - Looking to stay for 2 years and either sell or turn into rental property Edit: formatting Edit 2: Ill be buying a condo, not a house and already have someone who has agreed to rent out half the unit. If I need to move, the option I would most likely pursue is to rent out the other half as well.  <response>: Owning a home is far more work and money then anyone initially thinks. Renting for a while lets you understand the work involved. A Condo is an easier first step. I miss my condo, so little work.Also as others have said. Rent until your stable, make sure you have 20 downpayment, and retirement planning in place. 