The occupancy rates will increase some as some people book last minute but using occupancy at near start of month has some safety margin built in.What this snapshot does not make clear is whether there is significant variation by month.

That way, you have a little safety net against another late payment, so you don't have to start over again. 

If it’s a great deal, maybe you can try to get a personal loan or ask family for a little help as a stately net, but without a safety net it would be irresponsible to proceed.

But there's title insurance, commissions if the property is listed, hazard insurance, and plenty of other things to keep in mind so education is definitely the best first step.

Imo it's mostly for the safety.

If they couldn't use that space or those holes posed a physical hazard that would be an issue.

Jackie could buy an investment property with no cash flow because his financial wellness provides the safety net.I hope that helps.

She's my safety net.

When we identify a problem (for example: a fire hazard in the electrical panel) we'll recommend a specialist (an electrician) to fully evaluate the problem and prescribe the most appropriate fix.Back to your specific question:  if the basement walls and ceilings are covered it will be difficult for anyone (including a structural engineer) to evaluate for structural issues. 

This allows a tenant not to be stuck in a long term lease if life happens, but also allows me a safety cushion for cleaning, posting, and filling the vacancy.If it were me i would open the communication with them a bit and let them know they are liable for the full lease term, but due to their excellent rental history and care of the unit you'd like to work with them on their needs.