<prompt> Human: Wanted to know Reddits opinion on whether or not its financially worth it to buy an apartment. My thinking is Im going to be spending 7-8k a year renting while sharing a room and my brother is probably coming to the same school, so hell be in a similar position. After we both graduate, Im thinking about renting out the apartment or selling. Im fortunate enough that I dont have to worry about tuitionrent, but I still would like to save my parents money. So I was just wondering aside from mortgage payments what are the other fees associated with buying and then later renting the apartment. Looking at apartments around 160kDown payment of at least 20Under the assumption that mortgage payments wont be a problemThank you in advance  <response>: If you buy an apartment at 160k, down payment for 20 will be 32k closing cost of 2 which is low for 3.2k, which means 35k invested that youre losing the 2500 or 7 investment return you could be making per year.Plus, youll have to pay taxes, HOA fees, maintenance costs, and possibly more in utilities. PLUS theres a 10 cost to sell the apartment taxes, fees, 6 commission to the agents.Youd also have to find an apartment that allows renting. The HOA board decides that, and can also change that decision several years down the road. Unless youre super actively involved in the HOA board.Lastly, theres no guarantee that the value of the apartment will keep up with inflation.So basically, no, I dont think its worth it.If theyre going to buy a whole house and have you run it as a boarding house thats cash positive after accounting for everything, including vacancies then maybe. But then thats going to take real work on your part. 