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Updated over 4 years ago,
Renting out Old House (1918), any pitfalls?
I'm a first-time homeowner who will be moving soon and renting out my current house. It is a 1918 Bungalow-style home in Norfolk, VA. This will be my first time renting out a property and while I've lived comfortably in this house, I am wondering if there are specific parts of the house I should tend to before leasing? The hardwood has been refinished, new carpet will be put down, and the lawn will be in a state that it can be easily maintained. I will not be living nearby so will have to depend on a good property manager and want to do what I can to mitigate the risk of future expensive repairs. Thanks!