15 Reasons to Rent Out Your Accessory Dwelling Unit

Accessory dwelling units (ADU) -- generally defined as a smaller, independent dwelling unit on the same lot as a single-family home -- offer a number of benefits. You can use them as a separate guest suite when friends and family come to town or even as a "mother-in-law apartment" for a longer-term stay. But most importantly, you can rent out your ADU to create another income stream.

There are many types of ADUs. They can be detached from your home or connected; in the basement, a converted attic or upper floor; or even a converted garage.

If you have an ADU or are thinking of getting one, there are a lot reasons to rent them out. Here are 15 of them.

5 Stocks Under $49

Presented by Motley Fool Stock Advisor

We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.