House sitter or long term rent ?

upsidedown Charlie wrote:
2gypsies, we have a huge garage. It would be easy to empty drawers and cabinets and put it in boxes. So yes, it would have furniture. The people I've talked to who do this say that most of the executives who rent for a year or two don't want to move their furniture twice and furnished is most attractive in this market. I just have to talk to a few agents who specialize in this market. I have friends who are in management in these plants and several of them just stored their furniture and brought their household contents. After they bought or built their houses, they moved everything. I know it's done. I just have to decide if that's our best choice.

I'll check all the options. If we decide on a caretaker we have a general contractor we trust who will check the house.

These executives who are waiting on construction of their million dollar mansions are going to want to rent equivalent properties. If they want to rent it furnished, they are going to want executive level furnishings, things like a bed with a 15 year old mattress, worn shag carpeting, mismatched furniture and appliances from the 80s and 90s isn't going to cut the muster. Unfurnished, it will need to be like new. New paint, new carpeting and a garage they can use, not park their cars out in the weather.
Furthermore, they are going to want a lease that expires when their house is ready, not when you are ready to leave the road. All rental properties have risk. I prefer spreading my risk over several properties, because even if only 1 in 100 turn out bad, you lose 100 percent if you draw that black pea. And yes, millionaires trash properties too. If you doubt it, rent to Justin Bieber.