Tenant wants to Airbnb

[Bobby E.]

I have a potential tenant who wants to airbnb the empty rooms in my rental. I dont have any experience with this and was wondering how it would work. I'm not necessarily opposed to the idea, but want to make sure im not getting screwed. Do i raise the rent or ask for a percentage of stays?He said he would have a cleaning service after each stay and would cover minor maintenance costs.  Any input for or against would be helpful. Thanks.

[Jon Crosby]

@Bobby E.   'Potential' tenant as in they are going to live there also or they want to Airbnb the whole place?  That makes me think they are trying to pretend they are actually going to live there but are going to end up renting the whole place out under your nose.  

Unless you are going to get a sizable cut on this and willing to take on all the potential liabilities associated with running an STR and having strangers in and out of your property, including being responsible for any permitting that might be required, not sure why you would do it.

If you are in a desirable area you might just want to think about converting the whole place to an Airbnb and run it yourself. Just hate for you to get in a pinch legally at some point, as running an STR is a lot different than a standard rental.

Best of luck!