Estimation Values

[Jonathan Lilly]

Couple of quick questions here. First, in a book I read, it stated that on average, a landlord can get 1% of total property value in rent per month. However, in the ultimate beginners guide, it stated a landlord should receive around 2% per month. I know rents vary by market and location, but overall, which value seems more like a real world scenario.

Second, I noticed it is pretty common to use an 8% yearly vacancy rate. Is this pretty accurate for real world circumstances?