<prompt> Human: So Im transferring schools to Colorado State in the Fall and Im looking at my options in renting vs buying. The only reason Im considering buying is because I plan on living in the Fort Collins area for the rest of my life, or at least a long time.Im 20, currently have 7k in student loans, and will probably be taking out 50k more before I graduate. I have 3k in a 401k and 5k in the stock market for retirement. My credit score is currently 679, based on the free one I get through my credit card. Im going to be living with my girlfriend, my dog, and one of our friends when we move. I only have about 1000 in savings right now, but should have around 5000 by May. Ive been looking at 2-3 bedroom homes for 250k, and the mortgage rates on homes this size, assuming I get approved, seem to be comparable or even less than what Id pay for an apartment. Ill definitely be working during the semester also, hopefully at one of the breweries in FoCo.My question:Is it particularly wise for someone in my situation to buy a small house and rent out the spare rooms?  <response>: assuming I get approvedThis is the biggest hole in your plan. Youre not bankable for a 250K mortgage. 