Restrict to secondary family rooms etc.At least you can keep things narrowed down to assure less wear and tear on the whole place.

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!

@Jason DiClemente are they tearing off the existing shingles or are they laying shingles over it? 

They tear your houses up.

We are considering, if successful, purchasing an additional property/rental for grad students (hopefully less wear and tear) and what seems like a consistent rental market.

New construction is hard to find unless you go to a tear down in gentrifying areas or out into less developed suburbs on the outskirts.

Candidate 1 with no kids might have less wear and tear on the house and they have a better credit score. 

@Rajib Bahar I have never heard of an insurance policy that covers "wear and tear" type of things on a home.  

He teared up when I gave him the keys to the store.

We just did the inspection and there's about $800 repairs (not wear and tear) that would be tenant's responsibility.