You would be able to have a deduction for the upkeep of that home, based on the sq. ftg. the tenants are using.
Get enough rent to pay for all of the utilities. Check with you ins. co. to see if the tenants property is covered under you homeowners, or they may need to get tenants insurance.
Make sure you spell everything out in a good lease.
The taxes and insurance should be in the mtg. payment that you make.
No it isnt.
I dont want to rent.