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Cut down the hotel Bills !!

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Just wondering would it work for say 4 people from here to rent an apartment and split the monthly rent and each have certain days of the month to use if all got on well it could be used by more then one person at a time. There is a lot of afternoons and nights in a month and would prob only cost no more then 30 euro each a the right people got together and were willing to share cleaning etc it could work. Does anyone know if someone from here has tried it before and if so how did it work out. Or maybe if someone is in an apartment with more then one bedroom and would be willing to rent out a room whenever needed, they could make a few extra euros every month.
Contracts could be a bummer to sort out there lad....Who's going to put their name on the lease? Who's going to take the rap if something goes wrong? What if you all fall out?? Sounds much too risky for Me anyway...
I think people have enough drains on their money these days without shelling out money to rent a place they may not use very often.
u can use my house if u let me watch.........innocent