<prompt>  Human: Hi All,Im considering buying my first home and was hoping yall could give me a reality check on whether Id be making a mistake or not.My situation:Income: 80KJob outlook: pretty stable, likely higher income in the near future. Debt: About 20k in student loan debt, nothing else.Savings: 14,000Credit Score: 795Im considering buying a house in the 200k - 250k price range. Because of my low savings Id have to use an FHA loan to do it. Is this a big mistake? I feel like it would be ok because my financial situation is pretty solid with a good outlook. Im low on savings mainly because my income only recently jumped up to where its at now so I wasnt saving as much as I could. Im planning on working in this metro area for the foreseeable future so I should be in the house for a long time.Ive been doing some calcs and looking at rental prices and even after adding in the mortage insurance and taxes my house payment cashflow would be less than the rent for a similar house. So my big loss in cashflow vs. renting would be the added maintenance costs.My main worries are blowing a lot of money on mortgage insurance though I could save up enough to pay some principal and get it removed within a few years and that the home value crashes a lot more. What are the odds that home values will have decreased significantly 5 - 10 years from now and Ill find myself wanting somethign nicer but being way upside down? Anything else Im missing that would make this a shitty idea? 