By Mark Gilman Home values have not dropped the way many predicted in mid-2022, and inventory is still low in many markets. So the trend of people renting out their homes to cash in seems like a reasonable risk-reward, right? Maybe not. As someone who has owned multiple home rental properties over the years, I discovered firsthand the perils of being a landlord. And I can’t imagine the added angst associated with renting out your principal residence. Several scenarios could play out, and few will bring you the revenue you think you’ll receive. Being a landlord is not on the long list of passive income opportunities and is anything but passive. Start with vetting potential tenants. I’ve seen complicated sports parlays with better...
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