From a landlord's perspective, that 24 hours is definately needed to get the place up to speed for the new tenant. There are always things that aren't cleaned properly, or some window or something that was broken. I have to do the inspection just before noon on the last day, then run around getting all the things I need to fix the place up. Sometimes this means having carpets cleaned or whatever, so when the new tenant moves in, the place is as it should be.
It may be tough on a tenant to find a place to sleep for a night, but it would put the owner of the property in a huge bind to be able to rent the place out for the next month if the tenant was still in it on the first. The cost of one night's accomodation is far less than a month's rent.
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