Thinking about renting a home - Page 4

This still makes absolutely no sense to me. You've been coming on here for YEARS saying how he complains he wants to move closer to his work, how you all fight because you don't want to move, how he wants to rent an apt in the city he works in during the wk even because the commute in too far, but NOW that you've decided to move but stay in the town you're in, he's all of a sudden just hunky dory with it? He all of a sudden doesn't want to run into coworkers? I know YOU have never wanted to move and said you couldn't because you had to recoup your money on a house, but NOW you can move regardless of the recouping money because you've decided to move within the town that YOU want to, and now he just *poof* changes his mind and it coincidentally just happens to be what you want? Commute has been the issue all these years, so I'm just not sure I can believe that commute all of a sudden just isn't an issue.

I don't know the OP or her situation.  However, I do agree that if they rent out their current home, the people renting it will be the exact same sort of people as the new neighbors they do not like.  If they don't enjoy having them as neighbors, they will like them even less as tenants.  Imagine having to collect rent from bad tenants or dealing with the mess left behind after you evict a bad tenant.  We owned a rental property at one time and we had wonderful tenants.  But it took a lot of extra time and energy to manage the property.  I would never do it again if I could possibly avoid it.   I can also tell you for a fact that heating and cooling a 5,000+ sq ft house is extremely expensive.  Add the additional maintenance costs of a large home and you might find that the $1350 is more than doubled every month.  It does sound to me like the OP needs some good financial advice and maybe needs to look at her priorities.  A short sale maybe the way to go in this situation.  If my husband was the main breadwinner in the family, I think I would do everything I could to make his commute and life easier.  Renting out their current home would only add much additional stress to their home life.

I agree with everything except I wouldn't do a short sale. That requires the lender to take less than the total due to pay off the loan. Not only does that create a new taxable event (the difference between the loan amount and the sale price increases your taxable income), but it dings your credit. A short sale is almost as bad as a bankruptcy. If their cash flow is so positive and their income so high, then they need to sell the house and just pay-off the balance due - either by writing a check out of savings or taking a personal loan for that amount.

After all this time comming here and venting about your dh and his communt I am not beliving there is NO communication at all going on in your house at all. Unless you just let it blow over till he gets out of his commuting funk and conjure up some other plan to detour him too maybe wanting soemthing else.