Others having success Hot Racking their rentals?

[Rick Bassett]

I was fortunate enough this weekend to Hot Rack another 2 rental homes; 2 current tenants moved out and 2 new tenants moved-in (with a bit of craziness of repairs in between) the next day. I've been pretty successful doing this, although I know that it can be risky, but I really hate having vacancies even for a day. 

My bank requires that I allocate 5 - 10% for vacancies between rentals when they're computing my financing qualification so I guessing that it is pretty normal metric even though we typically average 2%.

Rick