Quote:
Originally Posted by gardeniagirl
Yes, rental prices have increased and so has insurance, amenities, home repair/maintenance services to keep the home up to par. Most homes only can be rented for 3 to 4 months, so it is not a money maker...
Sad thing is, in this age bracket of home ownership, things happen. Neighbor just died and left his widow after a bout with cancer. Neighbors on other side both died within months of each other....another couple divorced......Live, love, and enjoy each day.
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I think you pretty much hit the nail on the head. After all is said and done you will only turn a very small profit on the rental. If you want it to pay some expenses, well thats ok, but keep in mind, keeping two places is risky.