The resident pays the second month on time and then, and only then, do they get the concession.If the market is soft, and we are having trouble renting, before we consider concessions, we look at the product, the marketing, and lastly the price.

Multifamily is not as volatile as single family because when the real estate markets experience any type of correction, people flee to multifamily residences.

First, are you looking to buy a single family residence or another type of property? 

There are a bunch of ways to do this depending on the property type, usage, and you (income and credit scores).If this is a primary residence, you can get up to 90% of the value of your home minus any exisitng debt. 

I also purchased these while residing in CA!

I am going to be moving in the spring and will begin renting out my current place of residence at that time.

Wife is going into hospice and he wants to move with her, so they're selling their primary residence and some of their portfolio.

I have a 780 credit score and no debt besides my personal residence.

I don't mean to throw shade at my fellow Illinois residents, but I'm quite bearish on this state for the long-term. 

Congrats on orthodontic residency, though I know residency will be time consuming as well.