My experience with Section 8 is that even if they are good tenants, they likely won't have extra funds for things like air filters, bug spray, weed killer, little things that can help keep your home in good shape.

Happy to help.Shari Posey: Hopefully all this "extra" information helps to "round out" your original question by seeing this model from other perspectives.Continued success!

Give them extra time and close couple days later.Just speaking from a buyer stand point.

Not sure if the extra income is worth the headaches we might be in for.

It also gave me a little extra to do renovations.  

I don't think you'll be able to do this with a conventional mortgage, as cash-out refi's aren't typically permitted for the fifth+ financed property, per Fannie Mae guidelines, unless you've owned the property for 6 mths or less.

I figured the extra $25/mo is well worth half a million in liability.

My title insurance company is unwilling to do anything further and is just trying to sell us an extra 30K policy to cover the issues.My question is: 1) Can I contact Chase directly on this matter or will they only talk to the owner and the owners REA?

Scott W. if you're happy with the extra rent and the old tenants are happy about getting 2 extra days credited and the new tenants are happy with getting the rental, then there's nothing to really complain about.

They are usually fine with it but if you do it without permission they may choose to foreclose-If you are in a home owners' association or similar then you may not be permitted to rent out a room (unsure what legal action they could take against you)-You must inform your home insurer and change to the right kind of insurance.