In general renting a house is a lot less complicated than buying.
A drawback to renting a house is that you are usually stuck with any decisions made by the landlord.
When renting a house find time to walk through the property with the landlord and make a written note of anything that looks out of order before signing a tenancy agreement.
If managed properly renting a house can be profitable and rewarding.
Be aware that renting a house will not give you a license to do as you please. You must comply with your tenancy agreement.
Before you rent a house make sure that your insurance covers your house as a rental.
When renting a house check your city or town regulations. There may be rules on which rooms in a house may be used for renting.
When renting out your house take time to research rents in the area.
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.
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.
It is predicted that the strong interest in the Buy to Let market will continue. See our Top 10 Buying to Let and Renting Tips.