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!

**Quality of the Property**: The property itself is of good quality, requiring minimal immediate repairs and offering modern amenities that are attractive to tenants.3.

Buying a quality property (location and condition) is by far a safer choice.

If title was held in your personal name this would still be happening. 

Are their listings detailed with good-quality photos?

I had personal ties to the area and saw the potential in this once blighted property.

Find a good, quality, reliable handyman to help with repairs.Don't get into rental properties unless you want to get your hands dirty....

Do you want to go into the office and learn in-person? 

- Following that, purchase good quality furniture and decor.

The last few properties we have put on the market went under contract in under a week with multiple offers but they were priced right, were inline with the area but were done with quality and were in desirable areas.Unless you are dealing in a low-end market, a home warranty should be a standard inclusion especially for first time home buyers.