It's not your fault that the tenant has to vacate, so the tenant should have insurance to protect them against any additional expenses.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

Continue with a viewing, additional questions, get applications, run ALL checks, and then make a decision.By being very clear about requirements, you will catch most early in the process and can let them know.

Additionally, filing establishes a record of your business activities, which can be beneficial for future deductions or tax compliance.This post does not create a CPA-Client relationship.

I think what @Garrett Brown is getting at is using this in addition to other methods.

In addition, suncoast will charge you a 1 month rent just to get the property filled, so you are already starting off massively underwater.

So, let’s kick off this last chapter by learning how to squeeze every last drop of potential out of every property.Adding Additional Units.

In addition to this, I've had 2 clients this past year tell me they used Airdna in '22 and '23 to see projected and estimated income and was drastically different than actual income made with very comparable properties. 

Even a brief consultation can clarify your legal standing and provide additional strategies tailored to Raleigh’s market.Have you considered asking other local landlords how they’ve handled early lease terminations?

Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment.