Don't buy a place with the expectation of rentals helping to pay your mortgage unless it's just a business for you and you have no concern about your things being stolen or danaged. We built a big place with the expectation of rentals helping with the mortgage. We felt that is was our home that we were sharing with others. But every time we entered our home, there was damage or missing items. We spent most of our time there repairing renter damage.
We decided to sell and build a smaller home. We love it. We don't have to put our nice linens away and be forced to sleep on rental linens. We can leave our food in the pantry and refrigerator and our cleaning products in the pantry and walk in and not find everything gone. We don't have to worry about damage or missing items. We can leave our clothes in the closet and not have to pack if we want to drive down for the weekend. Love it.
I guess it's a matter of a business investment or a home. We've chosen home, so we do not rent.
We decided to sell and build a smaller home. We love it. We don't have to put our nice linens away and be forced to sleep on rental linens. We can leave our food in the pantry and refrigerator and our cleaning products in the pantry and walk in and not find everything gone. We don't have to worry about damage or missing items. We can leave our clothes in the closet and not have to pack if we want to drive down for the weekend. Love it.
I guess it's a matter of a business investment or a home. We've chosen home, so we do not rent.