Renting a home to your relative may sound like a good idea, as it can be easier to maintain a good landlord-tenant relationship. However, such transactions between family members can be delicate. If things go wrong, it may tarnish your relationship or cause you to incur significant financial damages. We have seen several landlords who rented out their investment properties in Nashville to their relatives, only to regret the decision later.
Therefore, before you consider renting out your Nashville property to your relatives, here are a few things you should consider:
