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Updated over 9 years ago,
i hate
vacancies!
tenant moves out (got married)
- $1,100 - paint - it's a 1050 sq house with empty basement
- $100 - clean the house
- $1,200 - list with MLS - 1 month's rent . (dont even try to tell me i should list it on my own. )
- $1,200 - lose one month to vacancy
my profit on that house is around $4-5k per year. One vacancy costs me 72% of my yearly profit.