I suppose they're coined "commercial loans" because they're more business purpose in nature and funded by private institutions not backed by the government sponsored entities. 

It’s human nature!

The terms are not comprehensive and we expect that additional terms will be incorporated into a formal agreement to be negotiated.

I informed the guy I found at the outset that conventional bank financing would not work due to my special circumstances (mostly because my income fluctuates wildly due to the nature of my work and my 2018 tax paperwork showed a loss)  and inquired about asset based financing, HM, other alternatives based on my balance sheet rather than on my most recent income statement. 

If I were you, I would allow five days between the transfer (and warn the incoming tenant that you may find something that will further delay their move), make yourself available to do a final walk-through with the old tenant (and take pictures), and then make yourself available to welcome the new tenants.Turnovers cost money and time -- that's the nature of the landlording game.

It doesn't mean that if you had a flood in the past 10 years that you are safe for 90 years unfortunately mother nature could care less what we think and when she is going to pound a area with water that is what will happen.

When you are renting by the room like this, you are targeting not-so-ideal people by nature.

That is just the nature of the market. i.e.

Does the guarantee burn off at some point naturally in the primary term of the lease or is there an early termination clause if certain sales numbers are not met?

I am working on a property in Houston that seems to be lucky enough to be in the way of any recent natural disaster.