Check local landlord-tenant laws and rental regulations
Confirm your mortgage, HOA, and insurance allow renting
Decide whether to rent long-term, short-term, or furnished
Calculate expected rent, expenses, and profit
Prepare the property for tenants
Make necessary repairs and safety upgrades
Clean the home thoroughly
Take high-quality photos of the property
Write a clear rental listing
Advertise on rental websites and local channels
Screen applicants with a rental application
Verify income, employment, credit, and rental history
Run background and eviction checks where allowed
Follow fair housing laws during tenant selection
Create a lease agreement
Include rent amount, due date, deposit, term, and rules
Collect the security deposit and first month’s rent
Document the property condition before move-in
Hand over keys and move-in instructions
Set up a system for rent collection
Keep records of payments, expenses, and repairs
Respond promptly to maintenance requests
Inspect the property periodically as allowed by law
Renew, end, or adjust the lease as needed
Handle evictions only through legal procedures if necessary