Should I purchase a home as a grad studentHi. I am a graduate student in a PhD program at Michigan State University. I have been renting here for the past two years. The first year I lived on my own at about 580/month for all expenses, and the 2nd year with a roommate for 330/month for all expenses. This winter my lease ends and I will be looking for a new place because my roommate is moving out, so I was wondering whether I should rent again or buy. I have an ok stipend of 23k/yr, and I would have roommates for the remaining 3 years that have the same stipend. I would have reliable renters for 3 yrs. One house is 80k and another is 65k but is a fixer upper. After I graduate I would hope to either sell, and if I couldn't then I would rent it out through an agency. The houses are in a college town and are located in a good school district. Any advice?May 08 2012 - East Lansing0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.