Or get even more creative and fill your individual room through Airbnb/VRBO when you go out of town or travel.

I just purchased a home and want to rent out one of my spare bedrooms to a traveling medical professional.

Scheduling, time in unit, travel, follow up, etc.Sadly, I have taken to a reactionary approach and try to recover some of the damage from the deposit. 

@Rafael Ramon I do not, but in a pre Covid world I travel to CA a lot and also attend music festivals like Coachella.

I personally think this year will actually be great as travel demand slowly picks up, I don’t think supply of Airbnb’s (sewing that a lot closed their doors when Covid hit) will be able to catch up to the travel demand in time which will allow STR hosts to reap higher prices due to the supply and demand.

@Quan ChauYou may get the added benefit of being able to claim travel costs to see your parents as well.

You can deduct any reasonable and customary business-related expenses for your rental business, including mileage, travel, meals and a home office. 

However, I want to set myself up for success via passive income real estate streams as fast as possible so if I want to work less, want to travel more and work part time, do charity work, side businesses, etc., I will have the option to do so.

Another alternative is to try furnished corporate rentals where you rent to traveling professionals for 1-3 months.

There are some other tenant pools that you can also target (Military, Student, Traveling nurses, or other contract-based workers).