A garage conversion, however, may not be subject to the same level of scrutiny.Parking Considerations – Parking is becoming increasingly valuable, especially with the rise of high-density micro-units that often lack designated parking.

It just takes good design.

My wife is a wizard with interior design so we make a great team.All of that is wonderful, but what's next.   

So you would either need to learn a lot about how to be an awesome STR operator and you would probably need to put into your home $20,000 to $100,000 in adding furnishings, design, and adding amenities to make the property desirable.

Typically people making the designation a private lender is someone you know and have a relationship with and will privately lend you the money.

You'll have a bigger footprint to add cool design elements and offer more amenities to guests. 

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Put in about ten grand and a summer's worth of weekends in sweat equity and the deal is very sweet.

More than a few reported working his system getting paid the 10 grand finders fee and was excited to complete more deals.

Besides, Lorrie Morgan was no Patty Loveless or even Pam Tillis :P And I liked her husband better anyway; frankly, if he hadn't died I don't think anyone would even know who Lorrie Morgan I agree that Lorrie was not the natural talent that Patty was (best ever, IMHO), but she did have a pretty serious voice.....helps to have a famous and successful Dad and go on the Grand Ole Opry at age 13 !!