re: Give me your renting your house out horror stories

quote:

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Older gray haired couple driving new Cadillac came to see rental and they decided they wanted to rent it. The man pulled out huge roll of cash and paid first and last months rent

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And this wasn't a red flag? I mean come on.

OP, it's not that bad. Screen well and demand a credit report along with the rental application. If they don't know what that is, they fail.

What type and how much are you asking for rent? If you are trying to rent your house for $3000 or something that's a different story, but if it's in an area that needs rentals and can support the price easily it's pretty easy to find and screen good tenants.

If you won't be close, hire a property management company.

Don't let anyone stay there that you can't evict immediately. So if you won't evict them because you like them or care about the relationship, don't do it.