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[quote=Anonymous][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]

If you could rent your home long term for $4000 a month and think that with short term vacation rentals could bring more than $48,000 a year (after you take out the costs, including wear and tear on the house and on furniture), you are simply deluding yourself. also, you can ask money for the cleaning service and the hefty deposit, but it does not mean you are going to get renters at your conditions. try and you will see by yourself. as others have said, if you rent long term in DC, you need to be a DC resident, otherwise, even if you are in closeby DC or VA, you need a management company in DC (we rented for years an apt from a couple who lived in Arlington, and had to deal with a DC management company). you should check with DC govenrment, since you may need some type of license if you live in DC and do it yourself (and the house must also comply with some rules, like having a fire extinguisher in the kitchen or similar stuff - I am not sure about that, but I remember our landlord mentioning that). good luck[/quote]

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