The exterior walls have rotted through in parts. 

An age-old gadget of sorts that simply keeps one dry when the rain pours, the umbrella is actually seen as a nice metaphor for a one-stop shop in the business realm.

The repairs consisted of some dry rot on the chimney sidings and to have the electrical panel looked at by a license electrician to determine whether it's safe since the inspection report found "charred wires".  

Come to find out, once the floors dried, they looked horrible.

I just worry that we flip a few homes and think that everything is "ok" so she can quit her job, then our ink well dries up!

Run in to it all the time on waterfront property, dunno I’ve seen it on dry land. 

Typically, tenants let the oil tank run dry. 

We are suck up premadonnas and our poopies smell like dried roses!

If his income dries up, you still have 30 days to get rid of him and another month for cleaning/repairs.

@Christa S Rickard I'm sure you could operate at 21% but it suggests that you are on auto-pilot...letting the roof rot of the place with insufficient reserves...I'd like to take a look at the actual property performance if you're inclined to send it over...