Could a radon mitigation system scare off potential renters?
I recently walked through a SFH that I am considering buying as a college student rental property, and I noticed that there is a radon mitigation system installed. This is not a common feature in this area, since radon is not a huge problem.
My gut tells me that the presence of a radon mitigation system may be a deterrent to renters, even though the property "may" be much safer than surrounding properties. The natural instinct of some may be to falsely assume that the house is unsafe because it requires a mitigation system.
1. Do you think a radon mitigation system would scare off potential tenants?
2. Are there any liability concerns in renting such a property?
3. Would you buy this property?