I appreciate the feedback. good point Sd R and Critter on the negative effects on my neighbors and my roommates, (which I do not want to lose right now by the way ..) I did not think of those things. Actually, I am not sure I want alot of people coming in my house now that I think about it.
Wow, I am glad I did not pull the trigger with by buddy on this.
This is enough for me to make the right decision and put this place on the market only when I truly intend to sell for the reasonably expected price. I just wanted to help my friend as he is pressing me hard for this but I now know I need to tell him this is not a good idea.