<prompt> Human: I am 24 years old and live in Michigan. I just purchased my first home. Purchase price was 120,000. I only put 3 down, so I do have personal mortgage insurance. My monthly payment, with escrow home owners insurance and taxes as well as PMI, is 850 per month. I have a 30 year fixed loan and have figured out that if I pay an extra 300 a month, I can have it paid off in 15 years, saving a lot of interest and also the PMI will drop off much sooner an extra 90 a month!. Its a 3 bedroom house and I just had a coworker offer to rent it out at 1,100 a month for her and her family. Just trying to decide what makes the most sense. Move back in with family for a year and pay down my car, motorcycle, and home loans? Get an apartment with a friend for 700-800 a month in my area? Stay and rent out just my extra bedrooms for 300-350 a month? Any suggestionsadvice would be helpful!Edit 1: I work two jobs and make around 55,000 per year. No credit card debt. No student loan debt. Single Guy. Owe less than 18,000 combined on my motorcycle and car, which I have tons of equity in each. Both have low interest rates from a credit union.  <response>: Id rather move my friend into a bedroom at 300month than rent my entire house out and go get an apartment with the friend. I think if youre going to do anything involving renting it out, that would be the way to go.Plus, your loan paperwork should have some wording in it that says your supposed to live there for a year or two since the loan wasnt given under the guise of investmentrental property. 