How to Rent Out Part of a Home to Defray the Costs of Ownership
Some homeowners receive an ongoing revenue stream from renting out some part of their house. The extra income is then available to pay a portion of the costs of home ownership. Prospective home buyers who are interested in renting out a small part of their future home may want to focus their search efforts on certain types of properties for sale.
The income from a renter can help defray the cost of mortgage payments and property tax.