When Hewan Kassa and her family bought a house in the Conservatory neighborhood in southeast Aurora, they believed one perk would be the ability to rent out their finished basement with a separate entrance.
With a mortgage approaching $4,000 a month, the family thought the ability to get roughly $1,600 back in rent from a tenant was an attractive option.
“My clients were most interested in buying this property because of the income potential,” Kassa’s realtor Millete Birhanemaskel told Denver7 Investigates.
But after the family listed the basement for rent, they got a letter from their homeowners’ association stating that renting out a portion of their house was in violation of HOA policy…