Even in a city with almost 30% unemployment, a well-maintained house can attract renters. The key, says Holmes, is not to get greedy. A stable tenant who can afford to stay is worth a lower rent.
Want the perfect summer getaway? MONEY searched for destinations with balmy weather, unique attractions, fun stuff to do, and great deals from four different categories: beach, mountain, culture and city. More
Even the most financially responsible people make a few mistakes or run into obstacles along the way. These tips -- from cutting taxes to selling securities -- can preserve a safe retirement. More