So you are a vacation home owner and you would like to rent out your place? This makes a lot of sense. Renting out the home can help you make a little bit of cash. If nothing else, it can help you cover the property taxes and insurance on the home. You have to make a decision, though. Do you rent out the home through a professional company? Do you handle the process on your own? A vacation rental by owner is a much better option if you are competent. You can benefit financially by going with this method.The Financial IncentivesA vacation rental by owner works out for you because you get to keep more of the rental income. You no longer have to deal with a difficult middle man that takes a big chunk. This also means that you can lower your rental rates a little bit in order to rent out the properly early. This will make it much easier for you to get the property rented without having to wait too long. The financial incentives along make this nearly a no-brainer for people who are serious about their vacation setup.The Ability to Target Your Own RentersAs a vacation home owner, you might be particular about the people who stay in your home. If you rent it out on your own, you can choose the people who stay in your home. You will not be at the mercy of a rental company. You can ensure that the people who stay in your home are responsible. You can ensure that you have a voice in choosing a family that treats your vacation home with the most respect.As a vacation home owner, you might think that renting out the property is a big hassle. You might believe that renting out the property will take too much time. When done right, though, a vacation rental by owner can be highly beneficial. You get more control over the process and you get to keep more of the money from the rental. Remember this as you decide what to do with your home.