All Forum Posts by: Carrie Penney

You may also want to look at AirBnB listings in your city and see how much a room can rent for, so you can show her your income potential. The numbers are seriously shocking. Even $50/night (good value, waaaay cheaper than a hotel) will give you $1500/month at full occupancy. Our occupancy rate is around 70-80% and we live in a relatively small city that doesn't have a lot of attraction. 

Yeah, I agree with @Garrott Nalle. Maybe start with AirBnB so it's not a commitment. Just list your space and then only open up reservations for a short time period. AirBnB doesn't lock you into a year lease with someone so your wife will get a brief taste and be able to better determine if she can handle it. Another great thing about AirBnB is that guests don't expect access to the kitchen or other common areas. They are typically just looking for a bed. We usually make more than double from our AirBnB guests than our traditional tenant.