We tried renting out our first home when we bought our current one and had to sale because we could not manage it well.

Pros get:Unlimited analysis calculator reports, rental price estimates, and rehab estimatesAccess to discounted educational bootcamps ($225 per course for Pro members only)Free property management software from RentRediFree off-market deal finding tool from InveloAccess to the pro-only forum in our community Access to exclusive pro-only video content like workshops and webinar recordingsLawyer approved lease agreement forms for all 50 states – $99 value per stateIf you are sure you want to cancel before the auto renewal, you will lose access to this exclusive content!

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With out of the area Airbnb's, you're probably going to want to hire someone to manage which typically costs 25-30%.

@Devon Morrissey - I own a Property Management company in central CT and do about 100 move outs a year. 

Rent: $4,250/ moMonthly expenses (including management): -$600Monthly Mortgage/ taxes/ insurance etc: -$2,550thanks

Renovations can uncover unexpected issues, so having an extra 10-20% of your estimated budget set aside can help you manage unforeseen costs.Start Small: If it's your first time budgeting for a big renovation, consider tackling the project in phases.

Listed Rent would be between 3500-4200 per month depending on a local property management company strategy.We have assessed our budget and goals while in Europe and would not want to maintain a mortgage in USA (vacant) AND a rental payment in EU.further details: we are 3 years into the loan at 2.625% int, primary and only residence owned, house will need 2 new AC in next 2 years, water heater, and driveway repairs, would only rent with a property management company as we will NOT want to manage from abroad. 

Buildium will be your best bet if you manage under 50 units.

I had the absolute worst PM ever, so now I am managing on my own.