- Jan 18, 2004
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Just wondering if anyone with experience in this has any advice on it. I have been considering it for a while.
My parents have some rental properties but all the property was purchased with the intent of living there and then they moved.
I am thinking about it as a long term investment for retirement but am wondering on the possibility of overcoming the expense of mortgage and maintenance.
What class of house would you suggest? What mortgage? And how do I screen my renters - specifically rental history?
My parents have some rental properties but all the property was purchased with the intent of living there and then they moved.
I am thinking about it as a long term investment for retirement but am wondering on the possibility of overcoming the expense of mortgage and maintenance.
What class of house would you suggest? What mortgage? And how do I screen my renters - specifically rental history?