I am also assuming that I will hire a property manager.My house has appreciated quite a bit since the time I had bought it in 2020 for 870k and right now its probably worth around 1.2million.

It really comes down to what specific documents you need from the tenant that you'll feel secured and comfortable of renting it to him/her.The typical criteria would be credit, background check, renters insurance, first + last month of rent + security deposit.

Lenders will want to see 6 months to a years worth of mortgage payments in reserves after closing.

Typically if you do get a ticket, they'll waive it if you do get it registered or become a super great negotiator with the police officer. 

Amex gold if you believe the annual fee is worth it6.

Typically the templates will link you to a Canva page where you can customize to your liking.

Purchase price: $450,000 Cash invested: $5,000Purchased this home to live in, then rented it and moved out just over a year later, this is my second deal like this, according to Zillow I owe about what Zillow says its worth but I got it at a good rate, although it was at the peak of real estate right before everything dropped and rates started increasing.

I was on the phone with an owner yesterday who is contemplating selling, but will need to bring at least $150,000 to closing, due to the fact that their property is currently worth somewhat less than what they paid in 2022.  

Question for you, does going down that path worth your time?  

If you have that eye, go for it, but know that if you pay for it, it will be worth it.