It already cost a lot to get the fumigation done and on top of that, I have to now fork out extra dough to fix the damage they did.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I was wondering, in case she doesn't pay her portion ( considering her portion is a large one) and I will need to evict her, will the eviction process be extra hard for me because of her disabled child in  Philadelphia, PA  Philly?

Im sorry but stupid money doesn't make money because if you pay more and increase your debt when you don't have to its not going to make as much money.So instead of paying double the price for a house I already bought and a bunch of extra interest and adding more debt I want to keep my original loan.If I keep my original loan and remove the mortgage insurance which is $94 a month and then rent it out it would cash flow a lot better than If I was to refinance. 

I am curious to know the best way to earn $5k per month in passive income via real estate.

That was an extra $100 of my cash flow gone. 

I figure this extra .50% will potentially cost about $32k over 30 years.

Your next step is to talk to a mortgage broker and find out how much you can borrow and at what rate, then you can do some math and start looking at investments that will earn you that spread between cost of money and the new investment.

You still have the same one property, but extra work to deal with a tenant.

My only 2/1 had a converted garage with ducted AC that makes an extra room.