What am I responsible for as a landlord?

Nicole
Both Buyer and Seller
Illinois

I have a 1900 sq. foot home that I want to rent out since I can't sell it. I am asking 1600/mo. even though my mortgage is 1720. Do I have to pay water or can I just pay sewer? Everyone that comes to look at it has at least 3 children and I am thinking water would be too much for me to pay. Can I have them pay all utilities except sewer? Can I have them be responsible for snow removal? Also, can I put in the lease that I can do a once a month inspection on the property? I don't want my home to be destroyed. I am still trying to do a loan modification to lower my mortgage even though my mortgage co. has denied me because of income. Please help someone.

Your Answer

5000 characters left
No spam please! When in doubt, please refer to our Community Guidelines.
 
 
Cancel Answer
 

Didn’t find what you were looking for? Ask a question!

Search Advice
Rent vs Buy Calculator
Compare the costs of owning a home versus renting. Estimate payments »

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 15
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback