I wanted a larger down payment to be easier on me financially, but I would rather have that extra 11.5% sitting in a bank account and slowly drain it to cover the difference between my monthly expenses and rent.

The extra people would get discovered by city hall if a neighbor turns you in.Be a good neighbor.

A good rule of thumb is to compare the extra 5-10% down you are doing and the monthly payment with the higher interest rate.

So you may be looking at paying 10-20k to get 10-20K actually out so 30-70% on the money you pull out plus interest and payback on an extra 30K plus 80% ltv is often a higher interest rate at 75% you would not be able to pull any money out with a 20% increase.

I would consider your goals, why did you buy the house, do you have a plan for the extra funds, consider taxes or capital gains-1031 exchange- what are you doing with the house now? 

I am working on my due diligence and new an extra set of eyes.

Would love to have an extra pair of eyes look this over. 

The property has two doors, a 3/1 Single Family House, with a 2/1 Apartment that sits over a 2 car garage and extra storage unit.

The property has two doors, a 3/1 Single Family House, with a 2/1 Apartment that sits over a 2 car garage and extra storage unit.

Sorry, I was saying when the lease ends raise it again, raise it “a lot” to the point where the new extra rent will make it worth it to you or will pay for the PM so you don’t have to deal with it.