Who knows, when you get down here you may be happy you have some extra income coming in. 

I do value her as a cleaner and she definitely goes the extra mile and are the eyes and ears on the ground for me.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

If you can come up with an extra 1.5% and finance with a conventional loan you have none of those downsides, a lower monthly payment and PMI only until you hit 20% equity

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

With some more math, you’ll see that the extra amount in dollars is not that much compared to the total amount of interest paid.

Interested in getting some extra income with converting the extra space in the basement into a rentable unit.Basements in a one-family home can be lawfully rented only if the following conditions are met:Compliance with the Housing Maintenance Code for minimum room size.There is a minimum ceiling height of 7 ft.The walls, as high as ground level, must be damp- and water-proofed if HPD determines that subsoil conditions on the lot require it.The basement is occupied by one family and does not include boarders.Every room must have at least one window.The bottom of any yard or other required open space cannot be higher than six inches below the window sill of any required window in the room.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Personally, I bought a 3 bed single family home soon after starting my job and had two friends from college rent which covered my mortgage plus a little extra.