Traditional Rental Property w/ a Guest House for AirBnB?

[Jacob Kelley]

My partner and I are looking for properties with a casita to house hack currently. Our plan is to live in the property for a year while AirBnB'ing the casita. After a year, we'd like to move into another property, and rent out the property to a long term tenant.

What are our options when it comes to renting the property? Does a casita add much value to a typical rental? I imagine most tenants have no need for a separate guest house. We've considered separating the casita from the main house to continue AirBnB'ing, or even trying to find a tenant who will manage the AirBnB for a discount on their rent. We're just not sure whats our best option, or whats even feasible.

If anyone has any advice for this situation, I would greatly appreciate any input.

[Valerie Belding]

My husband and I have been doing a casita house hack for almost 2 years now in Chandler with very good success. Haven't given much thought to the viability of a house with a casita as a LTR (we don't have any plans to move imminently) - I've given some thought to the idea of having a tenant in the main house running the upstairs, but I'd be weary of this if you're in an HOA that does prohibit STR's. One of the only reasons we're comfortable doing what we're doing is because we live there and feel like we're able to have our eyes on the situation so as to mitigate any risk. However, if you're not in an HOA (or in an HOA that doesn't restrict STR's - seems hard to find!) I think this sounds like an awesome idea. I should add (on the HOA issue, because it is so common in AZ) there are a few other reasons that we decided that we were comfortable with the risk/reward of this particular HOA.

I'm always happy to chat more if you're looking for more info about the Airbnb part of the strategy!