Wow, that's pretty brave! Congratulations for actually acting on it. I have a similar impulse but I'm completely tied down by responsibilities and family so no way to act on it. Especially having kids is an enormous factor in things like this and dealing with their future and how to best prepare them for it.
My younger (step)son is 20. I wanted to ease him into taking responsibility. We rented the house to him and two of his best friends who we have known forever and we know their parents at a discount. Their rent just covers interest and taxes and the three non fixed utility bills. We still cover the internet, yard, HOA, pest, trash, etc.
We were going to do that at least two years. But, I was using my stock vests to offset the costs and well you know how stock is doing these days.
Next year we will add a set fee to partially offset some of those expenses like a real apartment does.
