In this email, we will help Julia make a decision on which property to go for as her home.  Several points to consider while making this decision:  1) Capital on hand  2) Disadvantages of leasehold property  And based on those, the better choice would be to proceed with the leasehold property. Besides the higher upfront capital and leasehold limitations, she is buying a place where she is extremely familiar with plus she can make informed decisions and take calculated risks.