Most likely, yes. But the only way to know for sure is to ask. Just call the landlord and ask what you need to do before you move out, and how much you will owe at that point. It's possible that they might take the difference out of your security deposit, but that's completely up to them. That's also a good time to ask for a final walkthrough so that you can get them to sign off on the place that it doesn't need cleaning or repairs or anything else that they would take out of your security deposit. If they refuse to do the walkthrough, make sure you take pictures of the empty, clean, in good repair apartment before you leave. You don't want them making up charges to reduce the amount of your security deposit.

Hi AFG, Question #1 Whats the difference between a FHA and a conventional loan? (pro's, cons) FHA requires rather pricey mortgage insurance premiums, where conventional can avoid mortgage insurance. Question #2 Is it true that if we refinance our conventional mortgage (on our condo) with another conventional mortgage that we can't get a conventional loan for our new home for a period of one year? Not, not at all... no idea where that came from. Luck! Dave Donhoff Leverage Planner

Why not keep it on the market until it sells, regardless if it is fall or winter? I vote no for the renter. I am speaking as someone that previously was a landlord. Most landlords say never to rent to family or friends(coworkers included) or family of friends or friends or family. Else you might lose that friend forever when they move out leaving urine stains from pets that they say they never had. Then they badmouth you to others saying you are charging them for something unreasonable. Folks will take sides. If you decide to rent to this person anyway, make sure you have a written contract, security deposit and also do a credit check before agreeing to rent to this person, even if you trust them. If their credit is bad, don't do this. Also take pix of everything before they move in. Write up a list that describes the condition of everything(each appliance, carpet, cabinets, windows, doors, trim, faucets, lawn, driveway, etc) upon move in and have them sign it. This is a must. Don't consider renting if they have pets, no matter how clean. Don't allow pets to show up after the fact, or other folks that are staying there for months at a time. Some renters bring in 5 other people later and if there is no teeth in the rental contract, you can be stuck with a house full of people. Realize it is very easy to find renters - but the trick is to pick the good renters that will pay and will not destroy the place or cause issues. Rental history, background checks, employment verification, credit checks, and just plain talking to the prospective renter and their prior landlord will assist with weeding out the renters. tricky tennants have friends pose as prior landlords, and tricky tennants know the landlord tennant laws well - just enough to trick you. You need to know the landlord tennant laws in your area. Lastly, some potential buyers might think less of the home if it was used as a rental. And you likely will have to fix/clean/paint after the renter moves out. Go to mrlandlord dot com to read everything about being a landlord. That site is used daily by landlords. I suggest you post the same question there. They will give you good info. To see the forum area of that site, click on the area that says something like Landlord Q and A. Landlords post there often. It is some very intersting reading and is a must read for anyone that considers being a landlord, even for a month.

Interesting to see this thread again! I read over the responses and see this was when we had lost our first renters. We had an absolutely wonderful family after that - BEST RENTERS EVER - and no problems whatsoever. It probably is in part due to the fact they had owned a home for several years and were looking to move to a specific area and having a very hard time finding a home. Our rental house was close to a direct path to the husband's workplace. I think because of them owning a home, they were very mindful of our they treated our house. My dad enjoy seeing them out and about. They moved out end of November. We are planning to sell the house soon. We have a little touch-up painting and a couple of rooms that will need to be repainted (they home-schooled in one room). This past year we put in a new heat/air system. Rental money is in an account and has not been used as income. It's not a huge profit at this point, but it has been a help on our taxes! Here's hoping to a nice profit when we sell!!