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EmberOnTheSea t1_j6of03g wrote

Reply to comment by UltimatePlayer3301 in Is it feasible to buy a house with 3 friends for my 4 years in college (or maybe longer)? by UltimatePlayer3301

That is likely too low in the first couple years. When people are planning on selling their house, they often put off maintenance. Price a roof or furnace in your area and use that amount as your "worst case scenario" repair.

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UltimatePlayer3301 OP t1_j6ofihd wrote

I found the average price of a roof replacement in the area to be about $5k to $15k, so if we all had this amount saved, would you consider that to be safe?

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