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Updated over 1 year ago on . Most recent reply

User Stats

10
Posts
3
Votes
Phillip Lebron
  • Rental Property Investor
  • Virginia Beach, VA
3
Votes |
10
Posts

Transition current home into rental and moving out of state.

Phillip Lebron
  • Rental Property Investor
  • Virginia Beach, VA
Posted

My wife and I have 6-8 months to move from Virginia to Florida, shooting for summer time frame. Plan on renting out our current home to tenants. mortgage is $970 and comparable rents in area are between 1700-1900. What are some important things to do when preparing to turn your property into a rental? Any precautionary maintenance? Especially considering we will be out of state. And what is overkill? Home doesn’t need any special maintenance and all floors have been redone this year. Anyone have experience managing out of state rentals? And also moving in the process? Any insight or general information to make this transition any easier would be greatly appreciated. 😀

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