Quote:
Originally Posted by aigel
Some personal level considerations:
This is the kid of your future spouse. What if you don't end up married? What if the kid is a PITA, such as not paying her rent etc.?
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This is a very important point. Things can change quickly in relationships and in life so CYA in the meantime. She is the adult girl of mommy and not you.
But it could also work out to the benefit of all.
Large school debt existing. New job in a new unfamiliar city. New mortgage.
Yikes. Triple whammy.
But it looks like she is trying.
That city doesn't look too bad on paper for specs:
https://en.wikipedia.org/wiki/Davenport,_Iowa
(good)- "In 2012, Davenport as well as the Quad Cities Metropolitan Area was ranked among the fastest-growing areas in the nation in the growth of high-tech jobs."
(good)- "The Quad Cities was ranked as the most affordable metropolitan area in 2010 by Forbes."
(danger danger)- "The city is prone to frequent flooding due to its location on the Mississippi River."
382,000 residents.
236 homes for sale per zillow.
5 forclosure. 7 pre-forclosure.