Converting detached 4 car garage into air bnb or apt

[Tyler Speelman]

Hi,

Would you turn a 4 car detached garage into a 1-2 bed air bnb or apt?

The detached garage has electric, but no gas, water or sewer. It is on a separate parcel a stones throw away from a popular lake in Ohio with limited housing.

Other 2 bed Air BNBs in the area get 2k per month.

What steps would you take to get the conversion started (zoning, general contractor familiar with the area and scope of work, etc.) or is this a bad idea?

Would you worry about pouring money into this property and it not appraising as high as you’d like due to lack of similar properties?

Thanks in advance for any comments, ideas/ suggestions!