The response is quite subjective, but, regardless of your location, there are a few items to contemplate as you decide to rent out property. These may include: the scope of tenants' rights, limitations on deposit amounts, required disclosures, how challenging the eviction process might be, and, finally, the amount of property taxes. This being said, as Pennsylvania is the home of schools like the University of Pennsylvania, Carnegie Mellon University, and Penn State in addition to popular tourist destinations like the Liberty Bell, Hershey Park, and Independence National Historical Park, there is no lack of potential tenants if your property is nearby.