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People will always want and need to rent homes. I'm just glad of the decent landlords I had - notably private individuals or using small letting agents. The big agents are shit for tenants.
This is not only true but officially the Shelter line on people buying to let.
Do it by all means but be a nice landlord - charge a fair market rate (or slightly lower if you want long term tenants). Fix things quickly. Don't quibble over things that will only cost you a few quid. Remember that once someone rents it then it becomes their home, not just an investment for you.
If you can't do it on that basis don't do it.
Fox-
This was our philosophy when we decided to rent out our house when moving to Valencia. We're not sure how long we'll be here and can't afford to be priced out of the house market (or to sell the house in the current market).
Instead, we just aim to be the best landlords ever; responsive, keeping the rent at our mortgage and no more (we make no profit), making sure everything was certified as safe as possible etc.
beseku
People will always want and need to rent homes. I'm just glad of the decent landlords I had - notably private individuals or using small letting agents. The big agents are shit for tenants.