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Updated about 1 year ago on . Most recent reply

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5
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Dana Wilkie
  • New to Real Estate
  • Indiana
0
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5
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New Here and I Have Questions

Dana Wilkie
  • New to Real Estate
  • Indiana
Posted

Hello all!

I’m brand new here, got the recommendation to join this site through a book I listened to on the way to work today. The goal is to change careers to something that allows me to decide my hours (in the process of now), become a landlord, and finally spend more time with my kids and family. 
I don’t have a lot of money right now and I was considering putting my current home up for rent and moving into a new home in a new location. That way we could start renting without needing a new down payment and all of the closing costs. My current home is in a rural area in Indiana, has 4 bedrooms, 2 full baths, and is about 2200 sq ft. It’s a manufactured home and there’s also a two car garage. It also sits on 2 acres with separate buildings for animals and a nice storage shed. My question is, would this be something people are willing to rent? Or is it too much for someone who is only renting rather than buying a home? The local area has similar homes without the land but closer to town with rent over our mortgage so I’m hoping it’s possible. Any advice or suggestions are greatly appreciated! 

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