An interesting concept

htowners wrote:
At the Hershey RV show the Workampers presentation included a concept of Rental.
The 1st thing I thought of is my insurance does not allow me to rent, nor does my "mortgage".
Also in order to rent as a living accommodation you need a U&O permit, which I seriously doubt is obtainable on an RV, without zoning or other types of legal stuff.
Now most of the time you wouldn't have to worry, but if something were to happen I'm sure all the extra money you made would be long gone along with your RV and any other assets.
If you need extra money sell the RV :)

What are you talking about with a U & O? Why would you need a use and occupancy permit for an RV? It's an RV and not affixed to any existing structure and you didn't just build it. Your lender not allowing you to sublet is possible if it states that in your loan docs, but there are LOTS of folks who legally rent their RVs. It probably says you can't rent your house on your mortgage too but a lot of folks do that. Sure it's easier if you had an LLC (we had one) and buy the unit under a business loan. Not only does it help shield you from liability, it allows easier leverage to all sort of tax benefits. But this is really not that difficult. You have 2 options with insurance, get RV rental insurance - MBA is about the only game in town - or tell your renters to buy a rider for $10 on their policy to cover the rental. It's that simple. Since this is at a person's house, it's possible that any vehicle - including an Rv - would be covered under their homeowners. There is no special permitting required. Our rentals had been to just about every state when we had our business, no permits or U&O required anywhere. This is not a new concept. Folks have been renting Rv's since Rv's existed. it's a spin that strays from the popular Rv rental concept but it's been done before. When we had our rental business quite a few folks used them as guest houses when they had visitors, staging for weddings, all kinds of things etc.