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Old 06-12-2023, 04:42 PM
retiredguy123 retiredguy123 is offline
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Even if you break even do you really want strangers living in your house? Are you prepared to have a dog running around chewing on things and scratching your floors? If the tenants say it is a service animal, you have no choice. You can't even charge a pet fee. Are you prepared to manage the house from out-of-town? If something breaks, contractors will rip you off. One bad tenant can cost you thousands of dollars in damage repair. If you want to be a profitable landlord, buy a really old, cheap house or houses and rent them on a full time basis. Unless you really need the money, renting a house that you also want to live in is not worth it.