Covid pushed rents crazy high everywhere and Fresno was no exception, excluding 2020 and 2021,  my rents are still up on average about 8% year over year from 2018 (much higher if you include covid).  

May be I go with Class A neighborhood for this one SFR to be in a safe zone ,in the meantime ,gain knowledge/experience to know what it takes on how to exclude bad tenants

So I'm a bit confused on this 1, it seems that its about disclosing the contractors used, not excluding owner builder.

Another point is many municipalities also exclude multiple unrelated individuals from renting.

If you live in a property for 2 of the last 5 years then you can exclude capital gains tax in the sale of the property.

You can run your numbers and try to find/contact the owner(s).You can work to get the property under contract without a real estate agent unless you want to exclude yourself from the headache of paperwork.

The law also excludes private owners who do not own more than three single family homes, do not use real estate agents or brokers, and do not engage in discriminatory advertising practices.

Here's the City link for you to reference. https://www.chicago.gov/city/en/depts/doh/provdrs/homeowners...1) ADU regulations specifically exclude Short-Term Rentals so don't do it if the intention is to short-term rental. 2) The ceiling height oh 6'10" is almost guaranteed to trigger digging a basement if you want to formalize as an ADU unit, especially if that height is further reduced by pipes or HVAC. 3)Ingress/egress is an issue for renting, as is that any bedroom also will need two (ie operable window/doorway).

However, military who occupy a house for 2 years can get an extension of an additional 10 years and still have capital gains excluded.  

Because of this I am not too worried about a real estate crash, although I don't exclude a correction, especially if interest rates continue to stay elevated in 2024.Curious to hear your thoughts on this and how/if this is affecting your investment strategy.Thanks,AntonioFigure 1 (source: St.