No issues with @Costin I. deciding Steadily wasn't your best fit but you're painting with a very broad brush to say their insurance is only for total losses or that they're systematically over-insuring their properties to keep deductibles high. 

And if we are sliding into recession not just a soft landing, that Small Caps/commodities-minerals/BDCs (with falling net interest margins as 10yr falls and rising defaults) may all be a dangerous place to be? 

First we had transitory inflation in 2021, then we were told growth will slow in 2022, then we had a 100% probability of a recession in 2023, now we are being told that we are going to see a soft landing and the fed is going to drop rates. lol it's like opposite day around here with these predictions. 

Brush up on building code requirements: in basements you're looking for egress windows that are 5.7 sq feet or more openable (3ft by 3ft casement style windows work best), and ceiling heights 6ft 8 inches or greater (as little as 6 ft 4 inches is ok under ductwork and beams though)2.

If they're problem tenants I would raise it to the market rate, or just not renew it.Really, I would also consider the soft factors like what their job and financial situation is. 

For slightly larger multifamily, we're seeing a little softness, but that's the only effect I've noticed so far.

So anyway my point is you cant paint all syndicators or larger rental property owners with the same brush.

There's ways to negotiate earn outs, build in soft costs etc. to help recoup the majority of your capital without the need to spend the time or expense on a refinance.

Naples / fort Myers in my opinion is a very soft submarket.

People are too soft these days.