Interesting question, that poses several other questions and potential concerns. In a market that's pretty good right now, why would you consider renting this home? What are you going to do if you do rent it? If you're thinking of buying another home, can you cover two mortgages? Have you thought about the liabilities attached, especially with a pool? Will you be using a property management company, or are you going to manage it yourself, which isn't too difficult, but, does have it's own related issues.
If you're seriously considering this, and would like to discuss it and alternatives, please feel free to contact me.
Michael Bellaire, Broker, ABR