I'm looking at renting a house in the Twin Cities. It's a 3 bedroom/2 bath/finished basement house in a nice area. According to realtor.com, it's valued at $450,000. The tenant is looking to rent it out "to the right person" as he is currently in New York for work but isn't interested in selling the house yet and prefers to not work with an agent. He is asking for $1,140 in monthly rent for the house.
It looks beautiful and really well kept. My question is: could this be a scam and if so, what kind of scam could it be? What might I be missing here? I won't lie - I'm not knowledgeable about real estate. (Also, I'm sorry if I should post this somewhere else. Happy to do so if need be!)
Edit: Thanks everyone! I think you've all confirmed my suspicions that this is likely a scam or at minimum, simply too risky for my taste. I appreciate all of your speedy responses and not making me feel like a total idiot for wondering about it!
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source https://www.reddit.com/r/RealEstate/comments/hid0dp/house_rental_seems_incredible_is_it_too/
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