Not sure if that is legal but I agree.

You will attract all scumbags in this world and soon find out your repair and legal cost will easily pass your yearly income.

Obviously this may vary by market but we would not accept partial payments as it does make things more challenging legally if you need to evict them.

Last I checked they don't allow ADUs legally that aren't fixed, they want to see foundation for it to be rented out and considered an ADU. 

So I guess thats legal.  

Quote from @Jim Bryant: This is why it's important to understand how the legal system works before investing in an area.

Various legal setups can  mitigate a large part of this risk.  

I did that (posted the notice on the screen door and took pictures), however don't know if it's legally served. 

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

However, I’m unsure of the actual process of paying myself as a business owner.Here are some questions I’m hoping to get clarity on:How do you legally and practically pay yourself from your Airbnb income?