Jim,
If you are considering buying, then renting for income, you must call the rental office and ask for their information packet. The packet provides the answers to most questions. Be aware that rentals have to be furnished and equipped to certain standards (aesthetic and safety) and that will consume much of your first year's income and perhaps a good bit of the second year's income as well. I'm referring to the rental program run by TV. There are other rental groups and businesses that have their own standards and fees.
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Tom W
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