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Reply to "Vacation rental the row house?"
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[quote=Anonymous]OP here, thanks for the input all. I am quite sensitive to my neighbors here, I don't want a bunch of rowdy people making life miserable for them. I guess I had figured that I could fill the home by marketing particularly to families: Have a crib and baby gates available, the kitchen would be stocked, and a kitchen is always helpful when it comes to having babies/toddlers. I particularly thought those family members who have OTHER family on the hill would be a big market, as there are few convenient places to stay and I've often wished we could rent a house rather than stack up my in-laws in the basement. The house could easily sleep 8-10 with a pull out or two and has 3.5 bathrooms. The comparable properties I'm seeing on the hill look like they bring in $325-$350/night during the high season. So, while I could rent it long-term for probably $4000/month or so (?) It's nowhere near the $9500 I COULD bring in if it were full with vacationers. (Even if it were only full 75% of the time we'd be making substantially more.) I'm not working currently, so I have the wherewithal to manage this - and we would charge for the cleaning service, ask for a hefty deposit, request the renters respect of our neighbors, etc. But, ehhh - none of you would apparently look to rent a house, or think it isn't worth the headache. So, perhaps I'm biting off more than I can chew here.[/quote]
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