<prompt> Human: My parents are interested in purchasing a 139k townhouse that theyre planning to rent it out. They are asking to put the house under my name and have me manage the property. The townhouse is a bit old but the neighborhood is pretty nice and with potential growth in market. Theyre willing to put down the 20 which would eliminate PMI, so Id just have to make sure the mortgage is paid given that the 250 townhouse fee also covers repairmaintenance.So what am I getting in return? 5050 split deal when the house is sold.I currently work full time with 70k income.. saving a good portion of my money away to Investors Group who manages money for me high risk portfolio. In my head I imagined buying my first house in my late 20s with my wife, but this is a bit of a curve ball.My parents live oversees so theyre looking for an opportunity to invest in Canada where I live. Given my lack of experience and knowledge, I dont see any red flag to stop me from making this decision. Any helpperspective would be greatly appreciated..  <response>: Please keep in mind that the 250 a month will not cover repairs needed for your property, only common property. The fees may cover landscaping and other common expenses. The house WILL need repairs at some point.Like others have said, your debt to income ratio will be higher and limit your ability to borrow for pretty much anything. 