zcookiemonstar wrote:
Well there is always the option of renting it out and get some money out of it.
Horrible idea.
Standard insurance would be null and void if you end up needing to put a claim in and the reason was due to being a rental unit.
One would have to find an insurance Co which is willing to write a policy which WILL cover the unit as a rental.. That will result in a huge insurance bill taking a considerable bite out your "gains".
Then you have to take into consideration that you WILL have to spend a considerable amount of time for each renter to go over all of the features/functions along with do's and don'ts.
Then there is the matter of WD and WD setup for each different potential Tow Vehicle..
Then there is the potential issue of inexperienced first time to towing renters.. Your unit may come back OK, smashed or even never come back and potentially killed the renter and or other motorists due to lack of towing experience..
Then there is the cleaning and fixing each time the unit comes back and hoping they at least dumped and washed out the black tank before they brought it back..
One or two "rentals" and your new unit will look like it is 20 yrs old..
No renter will ever treat your stuff as well as you do and that is a fact.
All of those glorious hassles plus more, for what, to cover $200-$400 a month payment to the bank?
If you are wanting to do rentals, buy old derelict RVs, don't do that with a new RV..
OP would be better off taking the huge loss upfront by selling it and be done with it before ever considering renting it out. Otherwise it will be like a very painful bandage being ripped off every time you have to clean and fix it after each rental.