At any time during the 48 month lease the property can be purchased.

Or is it more due to the stereotypes around people on Section 8/the other tenants are paying a considerably lower amount every month?

I have about $100k available for down payment, closing costs and I'm hoping to have some left over for reserves.

This could limit your ability to refinance in the future to lower your payments.Rental Viability: Renting out a very new home (built in 2019) may not be ideal due to potential wear and tear concerns and the fact that it's less likely to need significant repairs or updates that tenants often expect.Local Market Considerations: Chicago's property market is known for high property taxes and historically slower appreciation compared to other markets.Financial Necessity: If you don't have a strong financial or personal reason to move, such as proximity to work, family, or lifestyle changes, it may not justify the hassle and costs of buying a new primary home.I am a loan officer so feel free to reach out to me directly if you have any other questions or would just like to discuss!

We then need about $30,000 to cover the hard money loan and the closing costs.

We've since changed over to IGMS which is almost identical to Guesty but lower costs.

We absolutely never allow them to pay the costs and then "just take it out of rent" later! 

. * 6 month comps - this is usually a good rule of thumb in a typical stable market, but can be somewhat confusing in a faster moving market.

I havent done any flips yet so I might be wrong but im confused on why it is only 300 dollars a month to hold?

However I’m trying to be fair so I offered them $150 off this months rent of which they said is unacceptable, so trying to keep them happy I offers them $300!