<prompt> Human: So Im turning here because I would like unbiased opinions and help. Heres the situation. Im 26 with a full time job 29kyr and Ive gone back to school after getting my bachelors. Im a halftime student trying to get into PA school in the next year or two, but in the meantime Im trying to support myself while finishing up pre-requisite classes. I have moderategood credit, 44k in Student Loan debt, and 10k in car loan debt.Currently Im living in a family friends house for 400mo. with no lease I mention this only because there wouldnt be any buyout for breaking a lease. I pay 100mo. on my federal Student Loan and my private student loan is on deferment while Im in school.My parents recently approached me with the opportunity to buy a house with their help. They said that theyd cosign the mortgage 15yr fixed rate FHA and pay the down payment looking at 3.5 to get me started. They would leave maintenance and the rest of the responsibilities to me. The house is being sold by another close family friend who is a realtor and had her father living in it until he needed to move to a nursing home so we know its in good shape. Its estimated to cost 210k but theyre willing to sell it for 200k. Im estimating that a mortgage would cost between 1100-1300. Its a 3bed2bath ranch style house in a growing community with high ranked schools. No HOA. The plan upon purchase would involve myself and two other roommates of whom Ive spoken to already as they are friends of mine moving in. As the owner, Id charge the two roommates 750-850 a piece and Id pay for my portion of the utilities.Is this a good opportunity for me? What other questions should I be asking before I commit to something like this?Assistant: You cant afford 200k worth of house on 29k income.Human: Forgive me for being ignorant, but even with renters and my parents cosigning?  <response>: A cosigner requirement means the lender knows what youre about to do is a bad idea. Its such a bad idea that they know you wont be able to sustain payments, so theyre finding someone who they can sue when the inevitable happens. 