should I try renting out my tools?

There was a post I read recently about a guy making a few hundred a month by renting out his power tools. I have a lot of power tools!! I thought about doing rentals but how would I mitigate for theft/damage etc?

or is this generally a bad idea?

For reference I have
Band Saw
Table Saw
Chop Saw
Power Washer
Bench Drill Press
Bench Sander
Router Table
hand router
Drill/driver
Hammer Drill
Impact driver (2 different models)
angle grinder
multi tool
circular saw
jig saw
reciprocating saw
bench grinder
nail gun
stable gun
brad nailer
glue gun
dremmel too
belt sander
rotary sander

Chain saw
strimmer
blower
hedge trimmer

submitted by /u/SpeedyGoneGarbage
[link] [comments]

source https://www.reddit.com/r/beermoney/comments/1vepdyr/should_i_try_renting_out_my_tools/