Twice a year I end up shattering someone’s dream who hopes to buy a home at Nolin and rent it out part of the year to offset some of the expense. In theory, it sounds like a great practice. There are people who do it, and there are support businesses such as home cleaners, lawn care companies, etc that make it easier to do.
The issue comes into play when you pay attention to the Shore Line Management Plan and see that the COE grants YOU a license for your dock. A non-commercial license. The moment you let a tenant use your dock, you have violated the terms of your dock permit. At that point, the COE can revoke your dock permit. To me, the risk of diminished property value for a dock-less property is not worth it.
If you would like to explore renting your property as a short term rental, I suggest we concentrate on places near one of the three commercial marinas on the lake and have your guests rent a slip at the marina for their stay.