Can you rent out your house? What to check first

You cannot prevent every surprise. You can uncover many of the ones that change the decision: a restriction on renting, an aging roof, a larger tax bill or an insurance policy that does not match the intended use.

Start with permission. Review your mortgage terms, homeowners association rules and local requirements for the exact address. Ask the relevant city or county about rental registration, licensing, inspections and zoning where applicable. Short-term rentals need their own check.

Then learn the legal responsibilities. South Carolina's Residential Landlord and Tenant Act addresses matters including habitability, deposits and notices. Fair housing requirements affect advertising, screening and accommodations. The source notes link to the rules; an attorney can apply them to your lease and situation.

Walk the house before setting a budget. Record the age and condition of the roof, heating and air equipment, water heater and major appliances. Identify safety work, active leaks and repairs needed before occupancy. Get quotes for work that could change your decision.

Finally, learn the market. Ask a local rental agent or property manager for recent comparable leases. Ask about concessions, condition and time on the market. A listing price is a request. A completed lease is better evidence of what someone agreed to pay.