Geting Approved for new loan contingent on Renting Current Home

[Nate Tew]

Hello, any help or insight would be appreciated! We (my wife and 2 little boys) currently are doing a few last updates on our current home getting it ready to advertise to rent. 

1)Anyone have any tips or pointers for advertising a home to rent while living in it as well as the relationship with potential renters starting off knowing that we are the owners?

2) When talking with our mortgage lender we can qualify for the purchase of a new home once we have a 12 month lease signed and the security deposit in an account. Does anyone have any experience with this situation and the best way to handle that? 

This will be our first property rented out and just hoping to do it the best way possible. Much thanks!