If you are a home owner it will complicate your taxes a little bit,
Other than that, rent out to the older college students (masters/phd) etc who are nearly always out. Background check, references,
You can get a background search form from the state police and it is like $25 here in MI.
If the renter subs at local school then they already have passed a background check,
Make sure you have passwords on computers, and locked file cabinets for sensitive paper work.
“A woman worries about the future until she gets a husband, while a man never worries about the future until he gets a wife.”