A lot of this would depend on the responsibility/maturity level of your daughter I think. Speaking from experience being the landlord of college students can be a huge pain in the ass. I was constantly having to fix/replace things around the house that didn't last nearly as long as they should have (2 dishwashers in three years). Landscaping was also a problem, but buying a condo would eliminate that headache. By the time they moved out 3 years later we had to replace all the carpeting in the house, repaint, and remodel the kitchen (cracked tiles all over the counter/floor).
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