If answer to this question is YES then go ahead and List this property for Rent

• Is it worth hanging onto this property?
• How will you feel about strangers moving into your beloved home?
• Can you, a novice with a day job, turn a dime on a real-estate rental while avoiding the Tenants from Hell?

The answer to these questions depends partly on the place itself. Ideally, it's in good repair, in a safe part of town and the mortgage is cheap or paid off. The more your place departs from this ideal, the more closely you should look at selling if you can. That's because, whatever your reason for holding and renting out a spare house -- and there are many -- it won't work if you don't treat it like a business.