<prompt> Human: Hello Reddit, My girlfriend and I are both 23 and we both have just finished undergrad. I am about to take a position that will get me about 50k while my girlfriend will be making 40k a year. I am currently living with my parents while my girlfriend lives with her grandma who is 81 and has paid off the house. Eventually, I will be moving in and living with my girlfriend hopefully by the end of the year. Currently, the house is under my girlfriends name. Its a fix-er-upper, but it is right next door to Boston and is 2800 sq. ft of area worth about 1.4 mil according to Zillow. Its a nice 6 bedroom1 bathroom single family house. Its in an amazing area right next to everything one would want public transportation, schools, parks, restaurants, and other points of interests esp. for college grads. Once inspected, refurnished and remodeled it could be beautiful. The issue being the fact that her grandma does not want to do anything with it at the moment, but my girlfriend and I will want to act asap once she passes god forbid. Once the time comes, what exactly should we do and what needs to be done? Obviously, we want to renovate but we are both so young and are coming out of college. We definitely need time to save. Should we save up a few years before doing anything rash? Maybe make it double family house to get some rent income? And once the time does come how do we go about changing and fixing things? We should probably get an inspection, see whats wrong, get a contractor and then move forward - right? Although we both love the possibilities of the house maybe we should just sell it? To make things short: What things should we consider now as well as later to make things as smooth as possible in terms of renovating and making sure everything is up to date for the house? Any expertise or advice would greatly be appreciated! Thanks in advance everyone! Assistant: Dont combine finances with someone youre not married to, dont combine finances with someone youre not married to, dont combine finances with someone youre not married to. Its her house, any dime you put into it becomes her dime. Human: Thanks mikeyb89! Definitely appreciate the discretion. Although, I do think I will be with this girl for the long term. Its been an awesome 3.5 years together so its only fair to help out with the expenses esp. if were gonna be living together for the rest of our lives cue the awws. Sounds corny and dumb - I know. Thanks again though!  <response>: Youre in the wrong sub to cue any awws as theres tons of posts that are the shattered financial remains of people that thought that way 10 years earlier. To answer the question about remodeling, I couldnt imagine any sane person is going to buy a 1.4 million dollar house with 1 bathroom. Its hard enough to move a 3 bed 1 bath. 