<prompt> Human: Hi everyone, thank you in advance for taking the time to read this post. Im on my phone so apologies for any spelling, grammar, and formatting errors.Some background: My parents are considering buying me a condo in my college town. I am an international student and my parents will cover all payments towards the condo. However they will not be involved in any stage of the buying process. I have been living and studying abroad by myself since 14, and Ive handled a lot of money throughout the years my parents wire me money and I do the budgeting. Id say Im much more mature than most of my peers this might explain why they trust me with such a big decision. I make reasonable financial decisions, I obviously lack the adequate knowledge and experience when it comes to something as big as purchasing a home. The average price for a typical one bedroom condo which is what Im interested in is 300k. The rent for a said condo is 1kmonth. My program is internship-based, and I have worked a few full time internships related to my degree earning 25hr. I will complete three more internships and they should give me 40k of income in the next two years. Even though Ive had steady income from internships, I probably wont be able to get a good mortgage plan due to my international student status. My parents offered to pay it in full if necessary. Why we want to buy a condo: 1. I will be in school for another 5 terms, and renting would cost about 20k total. I wont have any problem finding tenants when Im away on internships. I may or may not stay here post graduation, and can just sell it off any time. I can also keep leasing it out.2. For the past 5 years I have been carrying all of my belongings wherever I go, and I have always lived in shared homes. I would really like to have something that gives me a sense of home that is also completely mine. I dont sign full year leases because they are much more expensive.3. One bedroom condos are rare in the area in terms of rental. My program is very demanding and I spend almost all of my time studying think 7-8 hours of classeslabstutorials and 4-5 hours of study time daily. I am doing very well academically, and I give credits to my quiet roommates. I know what people my age are like and I am really grateful to have found my current roommates. I wont be able to keep rooming with my them next term and would really like to come home to a quiet and clean environment instead of a party scene. I will be doing an internship this summer with more spare time, so the condo search wont conflict with my otherwise busy schedule.4. My parents are looking for investments opportunities in this country since the economy in my home country is bad. 5. This one is a bonus. I think itd be a very valuable learning experience for me if we decided to go through with the purchase. I am currently pursuing an engineering degree but have an immense interest in real estate at least the easier parts of it, I admit I dont know much about real estate. I look at properties online as a hobby, and I love paperwork e.g. scrutinizing contracts.I realize that some of the points that I made seem rather weak, but I thought Id lay everything out here. I am on vacation right now and plan on meeting with a real estate agent when I get back. I also have my eyes on a few particular buildings. I guess my question is, does it make sense financially to purchase a condo? Tl;dr: University student thinking about buying a condo with parents money. Could use some input.  <response>: This is more about your parents having somewhere safe to park 300k than it is about wise investments. A lot of foreign countries dont allow investments in foreign markets, but they do allow real estate purchases. Yes, theyd make a higher return in a stock market, but its riskier and might not even be an option.Buy the condo. Live somewhere safequiet. Choose one with a low HOA fee. Condos are really easy to manage as rentals when you arent living there. 