In this article, I'll be going over my top tips for renting out your house.
Make Sure That You're Able to Rent Out Your House
Consider a Property Manager (i.e. I Use One for My Own Rental)
If You Get a Property Manager, Look for & Strike a Sale Provision in the Contract
Time is Critical to Successful Property Management
Risks with Property Management
Keeping Records
Get Landlord Insurance, Require Tenant to Have Insurance, & Consider Rent Guarantee Insurance
Have Funds & Other Safety Measures Available for Repairs & Vacancy
Education Prior to Your First Rental (110+ hrs if DIY (higher if >1 property, if low $ reserves to cover mistakes, or if high value property); 21+ hrs if hiring a property manager)
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