Non-Smoking guest suite or backyard cottage rental

Leisure travelers, visiting family and friends of locals, remote workers on short stays, and people in town for events or medical visits.

A nightly rate plus a cleaning fee, listed on booking sites and your own page. Weekly and monthly discounts can fill quiet periods.

• Clear, friendly communication
• Keeping a space spotless
• Basic bookkeeping and pricing

• Many cities restrict or license short-term rentals, so check zoning and permit rules before listing
• HOA, lease or mortgage terms may ban rentals
• Check that your homeowner's policy covers paying guests, and ask about short-term rental insurance
• Lodging or occupancy taxes may apply at the city, county or state level
• Enforce the no-smoking rule through your listing and house rules, and check how to handle smoke damage or fees

Startup costs are typically around $1,500 to $7,000, depending on how much furnishing, linen and kitchenette equipment your space needs. These are estimates, so budget for your own property and local requirements.

Many cities restrict or license short-term rentals, so check zoning and permit rules before listing. Also check HOA, lease or mortgage terms, your insurance coverage for paying guests, and any lodging or occupancy taxes.

Monthly revenue is typically around $600 to $3,000, depending on location, season and nightly rate. Plan on at least about 4 hours a week. These are estimates, not guarantees of bookings.