How to convert your house into a rental

[Jonathan Johnson]

Hello BP!

I just moved in some friends to my house that I've owned for a year. I got them set up on Cozy.co and they'll be there for about a year while my wife and I move in with family to help raise our new baby. 

Is there anything I need to change or be aware of as far as converting our home to a rental property? Taxes? Insurance? Bank? We will probably try to buy another house after another year.