If I'm not incorrect this doesn't apply to newer properties.
Generally it introduces more complexity in the process so tenants can't easily share and get outraged by different rent levels, because everyone is "paying the same". So if you rent is $3k/month but you don't have to pay for 2 months, you are still going to pay $3k.
Additionally once the lease is up you are starting with $3k baseline rather than $2,500.
Generally it introduces more complexity in the process so tenants can't easily share and get outraged by different rent levels, because everyone is "paying the same". So if you rent is $3k/month but you don't have to pay for 2 months, you are still going to pay $3k.
Additionally once the lease is up you are starting with $3k baseline rather than $2,500.