"DGDevin" wrote in message
m...


"Robert Green" wrote in message
...

We've been thinking of renting our current home rather than selling in
this
down market while we rent in some of the places we're thinking of
retiring
to. Unfortunately, movies like "Pacific Heights" where a bad tenant who
knows all the tricks of staying in a place without paying rent, haunt
us.

Maybe talk to some property management companies and ask about their
record
of dealing with problem tenants. Using such a company will leave you with
a
smaller return on the property, but if they know what they're doing the
security might be worth it. You could also look at putting the property
under the control of something like a revocable trust or even form a LLC
to
own and rent the house, putting some insulation between you and potential
problems.

Or join an outlaw motorcycle gang, and make sure your tenants know it,
just
to discourage bad behavior. ;~)

I think I've been convinced I don't want to be a remote landlord to save an
indeterminate amount of money that could approach zero. (-:

--
Bobby G.