<prompt> Human: Right now, Im in a pretty peculiar situation. I have around 100k in assets, with half of that in investable cash. I currently make about 10000 per month. Some months are better than others. I wont be able to invest my money in the traditional way for another year or two, due to age-restriction laws in my country Canada.This is what my parents have proposed. They want me to go 5050 with them on a house worth about 400k in my area. Theyll pay half the down payment, while I cover the other half. The idea is to pay off the 300k loan over 10-20 years, during which the house will be rented out. From what we have researched so far, the rental income should just about cover each months mortgage payment on a 25 year term. We also plan to add our own money to the mortgage whenever we have some extra. This shouldnt be hard since I barely spend 15 of my income and my parents are on a decent budget surplus every month, with income expected to grow. The idea is to earn rent moneyequity, and eventually transfer the house to me for use in my young adult life. My parents have said that they dont care too much about the money, but are just looking for ways to give me a large head start in terms of finances. In the ideal situation, Ill have 400k or more worth of house in 10 years, which I can use any way Id like. Sell for funds, live in, rent out for money, sell to trade up for bigger house, etcThe three of us are currently living in a previous house worth about about 700k. We owe a little less than half, at something around 3.8 or so Locked in rate.Theyre definitely being very generous on this, and theyre not the type of people to mess around or lie about anything. Once the offer is up on the table, its there. 400k buys a very modest house in the city where we live Toronto. The only thing Id like advice on is this: Is this a good idea or not? Not just for me, but for the interests of all three of us. I suggested pooling the familys money and buying index funds, but they werent so sure it was such a good idea, and reiterated that real estate was the best option.  <response>: Although I am curious, what kind of a job does a 17 year old have that makes 10 thousand dollars a month? 