For the last five years we have done just what you are thinking of doing. We have had great property managers (which I think is essential) for the last four years, after firing the Villages Property Mgt after the first year. We have never rented our place for less than 7 months of the year and we still do not quite cover annual costs over and above the mortgage. We are not unhappy with that, but be careful not to expect too much, there are many little extra costs when you rent your place.
|