Ideas for Turning Primary Home into first Rental?

[Randy Rettinger]

Hi, I am a new member and want to be investor.  I will need to be upsizing shortly as my wife and I will be having her mother and grandmother move in with us in the next 3 months or so.  We have good equity in our current 4 bedroom, 2 bath house in the city we live in and are considering turning it into our first rental property. It will need a few minor fix ups as we want to keep it in great condition - new kitchen cabinets, fixtures, redo one bathroom and carpet in living/dining room and hallway.  Rest of house is good, but could use new windows.  Any concerns with the current mortgage holder in doing a deal like this from any of you pleasantly experienced investors?  Any advice?

Thanks - Randy & Linda R