Is it worth renting out my place from a distance? After insurance, tax, management fee, etc, it has a profit of $500 a month. Joining the military, and will be far away from the property. We eventually want to sell this property due to the fact that it will always be far from where we live and the HOA is going up. We only bought a year and a half ago so if we sell now, we’d likely be taking a loss. Rent at a distance and sell in 4-5 years or eat the loss and move on?
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source https://www.reddit.com/r/RealEstate/comments/1ixtl1g/renting_out_my_place_from_a_distance_worth_it/
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