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Could Your Parents’ Home Become Extra Monthly Income? If your parents are downsizing or moving into senior living, renting their longtime home may be an option worth considering. A professional property manager can take care of tenants, rent collection, maintenance and many of the day to day responsibilities that come with being a landlord. Yes, there is a cost, but for many families the convenience and peace of mind may be worth it. Turn the property into potential income, not another responsibility. Find trusted property management professionals near you through Seniornicity.com