I have some anti-advice, not what you asked for, but perhaps valuable anyway for you to take into consideration. When I moved to a new home, I started renting out my old house. I found I just cannot handle being a landlord. The seemingly constant calls for repairs just throw me for a loop. I cannot concentrate at my dayjob when I'm thinking about having to yet again deal with plumbers, handymen or other trades people and their associated expense (and they are EXPENSIVE) and/or repairing it myself (and I'm no handyman). I went days with close to zero productivity as the repairs drag on. And this is with pretty good tenants. I cannot imagine the added mental stress if they were bad tenants. I've pretty much decided when the home selling season starts picking up in spring, I'm selling and getting out of landlording.