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Rent condo out or sell it?

Posted by Ginger on October 31, 2001 at 15:59:48:

I am a former tenant and have owned my apartment for a few years. My fiance also has his apartment and we've decided to move into his once we're married.

I came here looking for laws on what I'd have to do if I rent it out (it's a condo, so no icky co-op red tape), and this place has me a little spooked.

I'm now thinking of selling it, but maybe someone can think of a reason why I'd want to rent it. As far as I can tell, it isn't subject to anything like rent stabilization or anything like that, but I still worry about renting it to someone who trashes it, who won't pay, etc., not to mention doing credit and background checks, and paying for a broker to show it.

I just love the place and would hate to sell it and lose it forever. I thought about doing this just to cover my costs, and now I'm totally scared.

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