I lived with a buddy whose dad bought a place for us during our university tenure and it was the best four years of my life. From a renters standpoint (someone other than your daughter) I appreciated the fact that I knew my landlord and that if anything went wrong it would be fixed accordingly. Because of that I told him I would stay there for the duration of my degree, as did the two other roommates. In that case, i would recommend you to buy a place.
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