<prompt> Human: So Im currently paying 800 a month in rent. After taxes and 401K contribution I bring home 2000 a month. Credit score is low 700s. I like being close to work and plan to stay 2-3 years. Dont like how 800 is flying out the door every month. What do you guys think I should do?  <response>: Its not going out the door. Rent is a utility cost. You pay rent in exchange for a roof over your head. If HOA is 250, then in some ways you are paying only 550. Considering it isnt a great school district, the likelihood of the apt going up in value is slim. I wouldnt purchase it. Wrong word 