You are definitely looking at the scenario intelligently and asking the right questions. Here are some additional thoughts that may help you. One of the considerations would be features you need/want in your townhome, and then what the price is to rent vs. buy. Because of the affordability of housing to purchase in this area, many people have found it's cheaper to buy than rent. Another consideration may be financing if required. For example, the interest rates for 5/1 adjustable rate mortgages (ARM) have been in the 2.75%-3% range lately. That would fit extremely well with your ownership objectives and save money each month over a fixed rate loan at current market rates. If the numbers seem to make more sense to purchase, we can discuss features to make the property more attractive for resale, strategies to purchase the right style/price/terms/condition/location with resale in mind, etc. As a Blaine resident, I am very familiar with the area and would be happy to discuss your questions in more detail.