All Forum Posts by: Anthony Taylor

 If you are not leaving the furniture, I would recommend long term rental.  A PM would be good since you are out of state and have no experience with tenants previously.  I would recommend getting local referrals or asking around who is good.  Make sure they prioritize the management side and have good contractors they work with.

@Anthony Taylor  if you are just looking to cover costs and will leave your furniture I would block off a room for your stuff and de personalize it.  Rent it as say a 2 bedroom if it is a 3 bedroom. Do some midterm rentals.  If you are coming back periodically, do you want to use the house? or do you have somewhere else to stay?  It might be hard to plan your stays if you rent as a full unit unless you have a set month you will be there.  otherwise it might not co-ordinate with your renter.  We have rented as a room and just said we won't be there often but you are getting a room price for that.  Ideally if you would get the best price if you  have a seperate entrance area of the house you can periodically occupy that and treat the main part of the house as a unit you don't have access too. You have like a hotel room without a kitchen when you come home.  All depends on your goals and your house setup.

 Anthony, what are you looking for and goals for renting out your current home?  Are you looking to just cover your expenses or are you wanting something more passive?  Mid term rentals are more passive than short term rentals but there is still work to do to look for guests, making sure the house is cleaned properly in between guests, etc.  Long term rental is the least amount of touchpoint but it won't make as much as mid term rental.

If you’re looking to leave your furniture and be able to access the home when you return medium term rentals seems like the best fit. If you rent out the property long term unfurnished the tenants will be at the property for a year or more (depending on your lease term) while with medium term tenants may stay 1 month or 8 months, depending on the guest. Between stats you’d be able to access your home and check up on the rental.