If managed properly renting a house can be profitable and rewarding.

Apart form the higher rental cost, renting a house is similar to renting an apartment or flat.

In general renting a house is a lot less complicated than buying.

Renting a house is thought of as a flexible option where a tenant can easily move in and out again if the house or location does not meet up to their requirements or expectations.

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.

Although a bit more expensive than a mortgage renting a house is a very feasible option.

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.

Before you rent a house make sure that your insurance covers your house as a rental.

Consider renting a house similar to borrowing a book from the library. The house should be ready for you when you move in and should be returned in the same condition as you found it.

Be aware that renting a house will not give you a license to do as you please. You must comply with your tenancy agreement.