Illegal renting
Pros
It was cheap and most things worked
Cons
It rented out a dangerous illegal apartment
Advice to the owners
Get that basement up to code, if it still exists, after Hurricane Irma.
Basement Residence
Pros
Location is decent, a lot of good food is around and fun things to do
Cons
The ceilings are under 6’5”, the living space floods, the air quality is poor, and there’s mold growing in the walls. Paying $785/month in 2018-2019 was not worth it here.
Advice to the owners
Fix the property or lower the rent.