Can I keep the home as a rental?

Keeping a home as a rental is often possible, but check your loan terms first, since some mortgages require the property to remain your primary residence for a set period before converting it. Any HOA rental restrictions or caps on the number of rental units allowed in the community can also block the plan regardless of the loan. Switching your homeowners insurance to a landlord policy is another step that gets missed but matters for coverage once tenants move in.