When Should I List My Townhouse for Rent — Before or After I Move Out?

[Mustafa Mahmoodzada]

Hi everyone,

I recently purchased a single-family house for my primary residence, with closing scheduled for the end of June. The seller will stay in the house until July 5, and I plan to move in on July 7.

I currently live in a townhouse that I own, and I plan to rent it out after I move ti my new house. The townhouse needs some cosmetic work (mainly interior painting and touch-ups), and I’m trying to figure out the best timing for the repairs and listing to minimize vacancy.

My question is:

Should I start the repairs and list the townhouse for rent while I’m still living in it? Or should I wait until I move out in July, complete the repairs, and then list it?

My problem with the first option is that we are a big family of 4 adults and 4 kids and maybe challenging to do the repairs while we still live. And my concern with the second option is a long vacancy. Any suggestions based on your experience?

Thanks in advance!

Mustafa