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Updated over 7 years ago on . Most recent reply

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Matt Kauffman
  • Rental Property Investor
  • North Canton, OH
25
Votes |
83
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New home construction w/short term rental plans

Matt Kauffman
  • Rental Property Investor
  • North Canton, OH
Posted

Hey all, my wife and I are in the planning phase of building a new house for our family. I'm firmly convinced we can build an apartment above the garage and rent it out short term - airbnb, vrbo, etc... Any suggestions on what I should and shouldn't do in planning this? 

We live 20 minutes to the Pro Football Hall of Fame (They're spending $500 million dollars to expand the HOF so that it's a major destination). My property is secluded, in the woods, it overlooks a waterfall and yet is only 5 minutes from the downtown area. It's also within 20 minutes of Smucker's and Goodyear headquarters. 

Initially we're planning to add a 1 bedroom apartment above the garage. If all goes well, we could build another short term rental next to our garage or put one in our pole barn/garage area. 

I'll take any suggestions, but I'm assuming there'll be more questions for me than suggestions initially. Thanks. 

Most Popular Reply

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291
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308
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Bob Woelfel
  • Investor/Agent
  • Kansas City, MO
308
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291
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Bob Woelfel
  • Investor/Agent
  • Kansas City, MO
Replied

I think this is a great idea.  Is your wife on board with this idea?:).

I guess one suggestion I have since you are in the early stages would be to design it so you still have some privacy for you and your family.  The last thing you want are your guests all over your property 24/7 in the areas where you want to be with your family.  I'm sure your guests would appreciate that as well.   Is that garage going to be attached or detached?  

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