Be aware that renting a house will not give you a license to do as you please. You must comply with your tenancy agreement.
By renting a house you can easily find and afford your dream house without any commitment to a mortgage.
Many rental houses are bought in areas that have a consistent supply of tenants and are rented out for much more than the cost of the mortgage.
Renting a house is a great business opportunity that million of people have taken advantage of to gain a large steady income.
Apart form the higher rental cost, renting a house is similar to renting an apartment or flat.
Have your house rental pre installed with a Cable/DSL service will make your house more rentable and avoid tenants drilling holes in your walls.
A drawback to renting a house is that you are usually stuck with any decisions made by the landlord.
If facing a temporary job or extended business stay then renting a house is an ideal way to avoid the expense and confinement of a hotel room.
Over time, a rental house is likely to increase in value and capital appreciation can be gained as well as a steady rental income.
In general renting a house is a lot less complicated than buying.