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A friend of mine did what you are thinking about as a transition to final retirement. As Gogar said both you and your wife have to have just that right personality, and they did. It was hard work with questionable economics. They had the money to fund everything with top quality provisions. They loved to entertain and developed a repeat clientele. They did it for 5-7 years and then felt it 'lost the new' and took on the feel of a job, thats when they sold. He said they did not make money, did not lose money on operations. At the end of the day they were glad they did it but were glad it was done.
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