I mean renting out your house while you move out of town. The rental market in my area is flooded with desperate people. Rental rates are very low, below the IRS guidelines so you get in trouble there.
Its also difficult to find renters who have good credit to put in your home.
“I mean renting out your house while you move out of town.”
The problem gets worse. Who manages the upkeep on the house while you are gone? Suppose the renter calls up and complains the furnace quit working? Don’t expect renters to maintain the house, either. In fact, a lot of renters will trash a house. Why not, it isn’t theirs, so who cares? I have known a number of landlords and slumlords and will tell you that it is a gritty business dealing with renters. One guy I knew had to replace carpets and repaint every time a renter moved out. His apartment complex looked like a zoo.