Renting your boat out DIY - what is required?

[royelliot]

Hello sailors,

My question is around putting a boat into charter in New Zealand. I am wondering once I have bought a boat, how onerous and costly is it to be in a position to rent it out to someone myself. Yacht will be around a 40 footer. I am starting to investigate this and will likely get guidance from a broker but it would be great to get advice from the forum (as the advice I get here is normally better and more entertaining!). I figure I need:

A survey to be completed (for commercial purposes?)
Insurance
Agreement for rental
The skippers who rent the vessel will need a certification (i.e. Day Skipper as a minimum)
Safety gear required (in service)
All charts, checklists and briefs

I suspect I will need to create a 'business' to run this venture. If I did try to DIY it (just to rent it out for a few weeks in one year, what would be the cost and minimum cost as well? Any thoughts would be appreciated. And I do know the simple answer is to give it to a charter company but for this question I would really like to discuss DIY and NOT handing over to a charter company. Thanks in advance