Turning my childhood home on the lake into a rental property - need advice

[TiltonBB]

Originally Posted by BillTex

How about turning the property into a duplex-then you could use 1/2 for your family and rent 1/2.

Just my opinion but I wouldn't want to share a house with a family that shows up to rent the other side for a week. They are ready to party and you are looking for a peaceful time. They may stay up late and be noisy. The additional issues like who uses the waterfront for swimming and who docks their boat will just complicate things. If you get an obnoxious group renting it will be a long week!