Basements can be versatile spaces but as soon as you start covering concrete walls that weren't originally intended to be finished space with paneling or sheetrock, trouble will ensue.

Have fun - Cut them one check for the remainder and put all their names on it and let them fight it out.Hilarity ensues.

and ensuing spike of insurance costs to cover that rise, I'm not sure 5.6%  raise in rent would be adequate to cover that increased cost amount.

Yes it is very unprecedented times and I worry that the worst is still ahead of us, as far as a potential housing crisis that ensue in the upcoming months depending on how long this lasts and what happens with rent / mortgages, but I do think real estate is a safer investment than stocks right now in the fact that you won't see houses fluctuate 30% in one month, but there definitely is a lot of fear and uncertainty in my local market right now for sure. 

Rebellions around the world ensued, and in short order the great monarchies of the world were overthrown.

These "woke" owners have no backbone...weak management via conflict avoidance.Worse yet they label all the damage that ensues as "normal wear and tear" and expect the rest of usto lower our standards too.LOL! 

Just watch the news over the next 6+ mos as many fringe homeowners (folks that went all in with their last $45k to buy with no savings net) lose their homes while unemployed during this pandemic and the ensuing shakeout.

Celebration ensues.

Different sectors of real estate will be affected differently by the coronavirus crisis and ensuing recession.

They connect to most existing camera systems and get real time alerts when there is an event that triggers an alert and then takes the appropriates action (calls management or the police ) to ensue that the premises are always secure.