From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

The tenant understands that the property of the Tenant is not insured by the landlord for damage or loss of any kind (action of third party, fire, water, theft, vandalism, storm, heat or cold, electrical damage, pests, mold, accident, etc.), and the Landlord assumes no liability for such loss.

That part is as advertised.The Not-So-GoodIt’s Expensive—Like, Really Expensive.First-month rent is entirely theirs whenever a new lease is signed.15% repair management fee on top of already high maintenance and repair costs.No late fee benefit for owners—any late fees go to REI Nation employees as an “incentive” for chasing payments.

One other thing that I am constantly seeing is the set it and forget it on 3rd party platforms.

Quote from @Rereloluwa Fatunmbi: Quote from @Andrew Steffens: You definitely saw what I was getting at - this house IMO looks like a great place for a bachelorette party / bridal party etc. 

After that either party can end the lease for any reason.

Even if one has to provide the education to some of the parties as to why a particular creative solution makes a win-win-win for all. 

@Suzy FarmanHere’s what’s worked for me:Leverage Airbnb/VRBO: Many insurance companies use these platforms via third-party services.

You are correct; it would be awkward having two different parties staying on the property. 

The hardest part is taking that first step, and you’ve already done it—now it’s all about being a sponge and jumping in when the opportunity feels right.I am happy to answer any questions you may have.