Once you figure out pricing for weekdays, you can also start offering those additional weeknights to your weekend guests for a discounted rate.

Quote from @V.G Jason: Quote from @Chris Seveney: @V.G JasonI saw today that 30% of jobs now in this country are federal government or government contractorsWe cannot live off trillions of dollar deficits every year - employment is actually negative this year without the government.People lose jobs = cannot pay homes = homes get sold at discount = reset appraisals / lending… You're not wrong, just the sold at discount part I think the floor is going to be higher than people think.

There is a much larger learning curve for a renovation project than there is a straight rental - especially if you are not doing the work yourself.  

But I am having second thoughts and think this might not be enough.The seller tell me they are willing to sell it at a significant discount because they need to rotate assets and redeploy capital.

I am a Realtor here in San Antonio that only does off-market or discounted on market deals.

They will take an unpermitted, converted ADU and add it straight to the heated sqft, and bedroom/bathroom count when running numbers.

There is one right now that is offering a 3% discount and they will pay for three years of HOA maint fee for their 2-3 bedrooms.

I used Design Appruv on my first ADU and they have since gone bankrupt and stole everyone's money :/...so don't use them, but do look up their Yelp reviews if you want a good chuckle.My buddy CJ just left ADU Geeks and is starting his own company - I think for quite a significant discount. 

I prefer under-valued, distressed, poorly managed, properties needing updating/rehabbing in markets where I can buy at a discount and build equity and cash flow for my time and investment.

If Airbnb is an option for your spare bedroom then that's great, personally when I first started I didn't want to have to deal with the in and outs of people and also making my place aesthetic enough that it would rank well on Airbnb so I went straight to long term rentals but if you want to dip your toe in the water it could be a good option if shorter term tenants make you more comfortable.