Rent or AirBnB my new property?

[Brian Larson]

I just bought my first property.  Going to hack it and live upstairs.  The baseman is a one bedroom one bath.  Lovely setting and outdoor space.  I’ve never done AirBnb, but it’s a college town and also has a City park less than a mile away that hosts softball/baseball/ and soccer tournaments, so I think I could AirBnB for those events and have a pullout couch and a small family could rent it.

I could also rent the whole thing as it is really a house with a mother-in law.

I’m not sure what to do and want some opinions.