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Reply to "Sell or rent out - DC row house "
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[quote=Anonymous]Sell. You do NOT want to be a landlord in DC, especially if you are living abroad. You would have to hire a property management company to deal with all the maintenance hassles---so that will cost you. You cannot refuse to rent to Section 8 so you could be subject to being part of that regulatory regime and run the risk of having your property trashed. It is impossible to evict a tenant for anything other than non-payment of rent. So tenants having their rent paid by government vouchers can trash your property and you have no recourse. And unless you are planning to come back and live in the property, if you rent it and then want to sell it, you have to (a) legally offer the tenant the right to buy it, which can tie you up for months and (b) have to show it for sale with the tenant in it, which means the property will show poorly. [/quote]
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