<prompt> Human: Im graduating this year with my bachelors. I got a job that pays 87k base with bonuses ranging from 10-25k in Chicago, IL. I was considering putting a down payment on a property and living there instead of renting. Because this job reimburses tuition for part time mastersmba, Ill be in the Chicagoland area for at least 2.5 years and up.I can likely get a parent to cosine as I dont have a significant credit history paid off a leased car, have two 1k limit credit cards all paid off. No student loans. What are the pros and cons of looking into buying a property over renting? What should I be wary of? Around how much should I be spending?  <response>: No.You dont have a credit history, income history or definite plan to remain in the area. 