More business to be had with them.  

As mentioned above, some markets are visited by large groups on vacation while others are more "utilitarian" (business travel, insurance stays, special events, etc.).Competitive analysis will tell you what the market is currently bearing.

You'd want to report this activity on Sch C instead since it's a different type of business activity.

Remember to back it out as a business expense too which should make the real rate a point or two lower depending on your tax bracket.2) For securing loans, I incorporate the value stated on balance sheets within my personal financial statements.

She is the only real estate investor there,  but you have to take into consideration that she is fully aware of the low success rate of their program and that she is there to keep the engine going for their educational business, which is the real nature of their business, making money on the program. 

Guys I read a couple great posts here about HELOC for self employed businesses were there are many write offs to show an income on a tax return.  

I agree with @Erin Spradlin - I think if you can confirm/convince potential tenants that there is plenty of on street parking it is not an issue, but if it is in a busy neighborhood where finding parking could be difficult I think adding the parking area would help a lot.

Of course, if you have low risk tolerance then this is the wrong business to be in anyways.... :-)

In my almost 30 years in tax business, I have never had a problem that she is concerned about. 

contractors are busy and like to stay within a certain range so recommendations will be based on where you are.