Just for example, I've been running models that use that mode of financing, however (at least in Vegas), I have not found deals with enough meat on the bone to use HML to BRRRR the property. 

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.

Imo it's mostly for the safety.

Everlance was rated among the best and it appeared all of the competitors have a similar pricing model.  I

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.

The value that your wife is bringing to the table is actually easier to convert into a percentage of ownership in the deal because you should have a pro-forma and financial projections for the deal and the commissions that she will not charge actually have a dollar amount that is easily calculated based on the numbers you are projecting.Our business model is based on syndications for large multifamily properties where we bring equity from our investors as limited partners and we participate on the general partnership side of the deal alongside our operating partners (which in your case would be the builder).

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.