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Updated almost 6 years ago,
tenant placement and vacancy
When you guys are analyzing deals do you account or project for "tenant placement" expense seperalatley from or in addition to vacancy allowance? For example, lets say you put away 4% monthly for vacancies ...do you put away another $72 monthly for when property manager charges you fee to get a new tenant in unit or when the lease is renewed and you are charged additional lease renewal fee?