Legal RequirementsIndiana landlord-tenant laws are generally landlord-friendly but require you to be diligent.

But, there are still deals that can make sense depending on your budget. 

I would first look at your budget and what you spend.

So it's just personal preference and budget for a host.

@Rich Davis "The difference is I'm in Maine, where the evictions laws lean landlord friendly.

Consider lease optioning the “now keeper” and walking the created debt forward if you lease option buyer can cash you out. 

In today’s competitive real estate market, where inventory is tight and opportunities seem few and far between, many potential buyers are overlooking a game-changing option: renovation loans like the 203(k) and HomeStyle.

Taking advantage of this investor friendly window would be worth it!

If you're doing a rate and term refinance, there's typically not a seasoning period but again it's common for lenders to require it be rented first.If you're doing a DSCR cash out refi, it may not need to be rented first but you're probably paying a higher rate.Your best option is to call a loan broker you trust and go through the options based on your current situation.

You want to talk to friends and family on this, I don't know anyone who would see this on the Internet and be like, yeah, this sounds like exactly what I am looking to do with my money.