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Looks like a wonderful spot, which is the most critical thing of all.
Just be aware that supply chain disruptions are a very real issue right now. Planning, patience and thinking ahead are critical to getting any kind of building project done during the lockdown/lockdown-recovery.
In addition to researching viability of rentals in your area, it is essential to recognize the roles and responsibilities of hosts, and self reflect on whether you are up for that. Being a host is a job with many moving parts (e.g., create and manage the listing, design and stock the interior to appeal to guests, manage guest correspondence, manage cleaning, manage financial aspects, deal with maintenance, etc.).
As a Superhost, who had to battle w. less exited o-owners initially, I think its a great idea too! Most has been said, I just want to add, make sure you put dwelling as far away from your house as possible - But most importantly that the new dwelling takes advantage of the lovely views. You mentioned that it would not have views of your house, which is important to YOU. But the new dwelling should have a WOW Appeal to the GUESTS - So make the most of that WOW factor, may have to think outside the square or get pro. in to help you work out the best option
My mom tried to talk me out of renting on Airbnb. In this case I know she was just trying to protect me, since I was sharing the common areas. But I’m glad I did it anyways, because I made some good friends and earned a lot more than I initially expected. I’m glad I researched my area and listed. Sometimes family members don’t offer the best advice. Love the tiny home concept!
Just fyi for well under 75k you can get a beautifully restored or remodeled vintage trailer approx 28-38’ long, ours is a very rare 25’. Spartans are by far the best and vintage trailers (any pre-1960) can be more sought after as str than even tiny homes!
For example here is a Long Long Trailer for sale in Phoenix craigslist, exactly like the Lucy and Desi trailer it is 47k and I know people who will get it to you!
Everyone equates trailers especially shiny ones with Airstreams “they are the Mercedes’ of the vintage trailer world; Spartans are more like Bentleys…”
Keep in mind that used campers can run the gamut of condition and many are not road safe and or ready to fall apart. The older ones really are built to last the newer ones just the opposite, if something is painted over or hastly repaired non- pro, it could be a headache instead of a cute addition toyour property.