<prompt> Human: Im moving to another state for my job, however I have a house in Charlotte that I do not like to sell. It has an FHA loan on it and it is my primary residence. I am planning to rent for a while out of state. So my questions are:1- What happens to my loan if any. 2- Do I need to change my primary residence?3- Do I need to change the house to a business investment? If so, how? I would like rent it out.4- Any other important issues that I need to know?  <response>: I dont know a lot about FHA loans so I cant really help you there but here are a few thoughts I had:If you are planning on renting the house you should absolutely contact your insurance agent. There is a difference in the coverage you have when your house is your primary dwelling. I would also expect the cost of your insurance to go up.Are you going to do the property management yourself or go through a company? If you are using a company as your property manager they should be able to help answer a lot of these questions which may be statecounty specific. Also, not sure if you have this in your county but if you have a homestead exemption for your property taxes you may want to consider this as well. 