Will my current home make a good Rental?

[Randy Dickerhoff]

Hello BP'ers ,

I currently own a single family home in Mount Juliet TN, 25 minutes outside Nashville. Nashville is booming and houses are selling quickly. I want to find a way to start into real estate investing. Would renting my current home that my family lives in be a good idea? 

We live in a 3bed 2 bath home. Roughly 1300 sq ft. Purchase price was 190k and has went up in value to about 215k in two short years. Almost 1 acre lot. 

Also, how would I take care of my family to get them into a new/possible temporary home effectively for investing. 

thanks