It may seem financially reasonable to rent out a house, but normal people don't want the risk and hassle. Renting out houses is an occupation, with special ski

It may seem financially reasonable to rent out a house, but normal people don't want the risk and hassle. Renting out houses is an occupation, with special skills. You have to navigate the legal situation to avoid being sued, while still doing your best to refuse people who seem like they could be trouble. You can expect damage and non-payment of rent. You can expect the state to make it extremely difficult for you to get rid of destructive people who aren't paying. You can get sued over a lack of repairs, but meanwhile the renters are causing the damage and failing to tell you about it. Renters will ignore water leaks that don't seem to impact them, letting your home rot from the water. Renters will smoke and keep pets, despite any rules to the contrary, and they will fail to control destructive kids. Renters will illegally authorize workers to drill holes to run cables through the walls. I've known people who tried renting out a house. They ended up with drug dealers, prostitutes, new doorways and other openings being cut, a bloody murder scene, floors and walls rotted out, destroyed cabinets, etc. Most new homes are in home owner associations that prohibit renting houses out.