Let's talk about the downside. My parents had a vacation house that was completely paid for with it's rental income. The only downside is that sometimes you get a surprise. We once found a roll of film in the house. Sent it out to be developed. Oh the photos of how much fun these renters had standing on the dining room table using beer bongs and generally having a blast. It was all worth it in the long run. We had so many happy memories of our own there. I actually think it was a great idea to rent the place out.