Wow, very sorry about your relationship with your old man. He is most certainly wrong. people hang flat screen tv's that weigh much more than a bike(depending on what bike you have) You could totally make something like that, no problem. You might not even need to attach to a stud. just make sure to use the proper anchors like these... that is what i used for my TV. I think the stands look great and would like to see what you come up with.

As far as if you rent, double check with your landlord but all you should have to do is return it to normal, that would also be easy.

GOOD LUCK!!