Removing a wall could add value to the home in theory, but for some rental areas, having extra rooms helps.

If they take an extra four days to vacate, that's $800 in holdover charges.

and there are so many extra things you still have to pay for after I payed the 27k, it is ridiculous.

Try it in about 5-10% of the spots charging an extra $25-$50/mo (Assuming tenant pays for electricity at that plug.)and see if you get any bites.

Combining this with tours or small events can add extra income.Lease Mineral or Water Rights: Depending on the area, leasing mineral or water rights can be a potential income stream if there are valuable natural resources under the land.

You're just adding an extra step/bottleneck to a process that already works really well with credit cards alone.You're literally quoting an imaginary person.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Otherwise, you won't have the extra funds necessary to cover the rising costs of goods and services in the future.What causes rents (and prices) to increase?

I also have worked extra hard now to verify any lender I sent client information to.    

Renting it out would let you keep the asset, earn some extra cash, and possibly benefit from tax deductions like depreciation.