Question

If tenants are delinquent in paying their agreed-upon rents, it creates ___

A) Cash flow problems for the property owner.
B) Tax benefits for the property owner.
C) Increased property value.
D) Lower property maintenance costs.

Answer 1

If tenants are delinquent in paying their agreed-upon rents, it creates cash flow problems for the property owner.

Step-by-step explanation:

If tenants are delinquent in paying their agreed-upon rents, it creates cash flow problems for the property owner. When tenants do not pay their rent on time, the property owner may struggle to cover their expenses, such as mortgage payments, utilities, and property maintenance costs. This can lead to financial difficulties and potentially affect the overall profitability of the property.