In your situation... I think one question I'd seriously ask, in addition to the other points already raised... what is your second house worth in today's real estate market vs what was it worth 6-7 years ago vs what it might be worth in 5 years from now. I'm guessing that you're probably in a rising market? So mabey outside of the direct economics of renting... mabey you can capture some capital gain by waiting a while and renting it until the value appreciates somewhat more? Just a thought anyhow...
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Today's Featured Article - Pitfalls of Tractor Engine Rebuilds - by Chris Pratt. The first pop after you have put the machine together with your own hands is exciting and pleasing. The whole experience can be marred if one moves too fast and makes too many assumptions that they can just use "as is" some parts they should be closely scrutinizing and possibly attended to. In such cases, rework makes what could have been a fun project turn into an irritant or even a nightmare. Minor Irritants To give you an example of an minor but irritating proble
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