I need some advise on renting my condo

[Julian Ramirez luna]

Hello everyone, I recently bought my first property as my primary residency. I got a new job offer and I am going to have to move to a new location. Are there any legal consequences if I try to rent out my primary residence knowing that I signed a document saying that it will be my primary residence for at least one year? I will not have to pay rent where I going to be moving, so I’m thinking to rent it out, instead of selling it. Also I don’t have any experience as a landlord, but I would like to learn as much as possible. Is it a good idea to rent it to tenants with MVRP program, what are the pros and cons? Thank you all for the advise. Julian

[Angela Yan]

The bank usually only cares if you pay on time.  I have never known for them to check.  They love it if they can automatically take out the payments from your bank account so they really would never know where you are physically.  Good luck on your job change.  

In regards to looking for a PM.  Just make sure you screen super hard as you won't be their big client so they may not give you as good of attention.  But you can help yourself by doing some intense screening of your potential tenants like using a website like Zumper that screens credit, criminal, and eviction history for you and they charge the tenants the fee, not you. Once you secure your own tenant than turn it over to a PM with your lease in place that works for you.