I was fortunate to have my parents help get me through college while I also worked summer jobs to pay for housing, food, and fun money leaving undergrad debt free.

FYI: NNN fast food restaurant.

Safety and locking in gains, I'm right behind you, slowly liquidating at this end of the cycle.

Don't assume that the occupants would not also get some other expenses paid like a food allowance.

Given that the unit is not legally rent-able I would follow @Brian Gibbons advise and get a food attorney.

With that here are my observations/food for thought around things related to owning apartments:1.)

This was a major blow to our plans of having a safety net  as we had all our money invested in the property.

In this case, we recognize that vast majority of the of the audience cannot afford this product, and safety (staying power) resides in the fact that we are not trying to cater to them.

I am assuming you have a significant other, from my experience theres always a point where they want that new appliance, to paint the walls a different color, or imagine this- a new car every 2-3 years because of all the new safety features.

I am very intrigued by the long term earnings potential, plus I believe that I would enjoy being a broker more than my current duties in property management.I've saved a fair amount over the past few years but am still a little bit wary of having no safety net in a commission-only job with no health or dental benefits.I may have to ask my parents for some financial assistance and/or get a side job with flexible hours and health/dental benefits.Thanks for your response, and please let me know if there is anything else I should keep in mind before taking the plunge into becoming a commercial real estate broker.