How to Set the Right Rent Renting your property is a complicated task. On top of management and repair issues, perhaps the most difficult part of renting property is setting the proper rental rate. If the rent is too high, qualified applicants will be scared away — and even if it is rented, the length of residency may be short. If the rent is too low, your cash flow slows and you increase the chances of deadbeat or destructive tenants.   Don’t feel comfortable setting the rent? Property m…