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Originally Posted by perrjojo
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I would have to be seriously hard up for cash to do this, take the risk, do the work and put up with the lack of privacy for $70 a night.
They are offering the inducement of access to the amenities...Now that probably infringes upon use of the amenities by legitimate residents by increasing the number of people using them. Too, other residents are financially supplementing this business through their amenity fees.
I wonder if they are paying all of the various taxes due on this business endeavor, if their insurance company knows they are housing business invitees in their home. Also home owner mortgages typically require owner occupancy. If one rents the mortgage rates are higher so the lender might want to know about this if there is a mortgage on the premises.