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Updated about 1 year ago,
Planning to rent a house
Hi,
my parents are retired and are planning on retiring to colombia. We have a house in Pennsylvania and want to rent it out or sell it.
I'm leaning more towards renting than selling cause the house is almost paid off and we can rent it for $19000 a month which is $19000 cash flow.
A friend of mine had a recomendation of some possible tenenats that are looking to rent.
My only concern is its a family of 7, 2 adults and 5 kids the house is a 4 bedroom 2 bath 1200 sqft is this too many people?