We plan to sell the home in the summer of 2021.

Hi guys,So my property was on the market for a couple of month this summer through a realtor.

. 😪 I plan on moving to Tennessee in the summer of 2021.

I've lived in Vermont my whole life, but after the summer of my high school graduation, I decided to pack my bags and move to Texas to pursue real estate.

I am building cash reserves and should have enough cash to purchase and rehab a property by mid-summer of 2021 if all goes well with a sale.

Well, my job is relocating and we will have to turn this home into a rental come Spring/Summer after living there for 6 months while we improve it.

Unless you're thinking of doing a 6 month lease to have it expire in the spring or early summer to get the prime renting season, I would do a minimum one year lease.

In the summer of 2019 NYS passed sweeping changes to landlord/tenant laws making it much more difficult and time consuming to evict tenants. 

The rental market is way too soft and it's really not the right thing to do.What I would consider is, signing the tenants to a 6 month lease so that you end up with your vacancy in the middle of next summer, the best time.

Please feel free to critique/ point out anything I'm not seeing:I sold a rental property over the summer that I had a low basis in relative to the sale price (due to a low purchase price, rather than accumulated depreciation).