Just know that like any online forum, there are many people that will question and challenge you.

Either ask friends and neighbors, are better yet, go on your community Facebook page and ask the question there.

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!

@Michael Bishay ok, so this is a question that won't be too much different than other "non-section 8" questions.  

Great news is you are asking the right questions about your potential property!

Feel free to hit me up any time with questions or if you just want to discuss!

I found a good answer to my question in a video by Coach Carson about How to Calculate the IRR.

My question: has anyone sold properties themselves without an agent.

This is not great compared to areas like Gary Indiana where rent is $1500 on a place costing $100k but the social advantage makes me feel better as less investors are willing take lower profits (less land lord competition) - and I know the returns will come in equity in the areas I want to invest.So the core questions - 1. would DSCR work well for me?

Hello All,My apologies if this is a simple question.