From a realtor/buyer perspective, there's nothing worse than going to see a 3 bedroom house and finding the 3rd bedroom to be something too tiny to use, blatantly non-conforming**, or impractical.

Anna,I think that you are in the tiny minority when it comes to developing sound financial education in your daughter's home education.  

I have been using Airbnb for years and many of the previous comments are so valid:It definitely supported my Interior Design background and allows the opportunity to make enough to cover the mortgage and bills in a far shorter period of time and, unlike long term renters, they are not going to drill a ridiculous quantity of holes in the walls or decide to paint but they can still do a number on your place...especially if you choose to be an absent host.

We hired out the new electrical service, wiring, drain drop,and stove pipe replacement, and did the new kitchenette, floor sanding, new deck, and paint ourselves.The Tiny Tipsy Cabin is currently rented on Airbnb with hundreds of reviews and a 4.8 star rating, and net income is about $3,000 a month before accounting for debt service.This one was a fun negotiation to close- it was a MLS deal, with us in second buyer position.

From investor perspective 3rd ward -- The boat has sailed for buy and hold .. there could be very tiny window to grab properties that would rent out economically ..

Prices can flatten or have tiny dips, but very rarely in history has the market crashed quickly.

I pay the power company to harvest it and have the tiny chipmunks run electric acorns through the power lines or however that works, so that when I flip a switch it's there.

My words of advice are to use tiny nails on the end caps and some silicone underneath where the DW is.

You did say you would be living in one unit, but assuming you pay the market rent it still loses a tiny bit every year. 

I am a wholesaler in Michigan who primarily works on getting deals in Oakland County (the richest County in Michigan).  I have noticed a scarcity of Cash Buyers in my Market.  A lot of the Facebook groups that I'm in,...