This might look like a no brainer, however hold your insurance agent within the loop about your rental plans. Even if you’re simply planning to rent out a room in your already insured house, you could need to up your legal responsibility protection or require that your new roommate get rental insurance coverage. The home could be extra income.An ongoing month-to-month rent verify would be a good way to construct savings, repay debt, or make investments for retirement. There’s potential for extra equity.If you’re in a place to rent out your home for a number of years, you’ll build more…