Why the Number of Accidental Landlords Is Rising
1. Would Your House Actually Work as a Rental?
What’s right for your situation is going to depend on your location, your home’s condition, and what the rental market looks like in your area. Think about:
- If you’re moving away, do you have a plan for how you’ll handle ongoing maintenance and repairs from afar?
- Does your house need repairs before it’s rental-ready? And do you have the time, energy, and the funds for that?
- What’s the market like in your area? Are there a lot of rental vacancies?
- What monthly rent could you realistically expect?
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