San Diego Vacation Rental vs. Regular Rental

[Paul Brockland]

Hello BP community, I'm a new member from San Diego. I'm adding a second story to my house with the plan of living on the second story (2bd/2ba) and renting out the first story (3bd/2ba). I live about 2 blocks from the beach and after looking at airbnb and vrbo, I got the idea to use the first story as a vacation rental to increase revenue.

Any thoughts on whether this is a good idea or anything I should be aware of? I know that it'll be more work than a typical rental but I feel that if it becomes too much I can always go back to renting it long term. Appreciate any comments.