Originally posted by @Account Closed:
2 weeks max. There's something wrong with your property if you cannot get a tenant in 2 weeks. Of course, that's my experience with my properties and my market.
I wouldn't say that something is absolutely WRONG with a property if there is 2 weeks of vacancy, especially not during off/slow season. And, especially for high-end units where simply not many people can quality for them or afford them. Market matters too: renting out a property in rural Maine vs. Midtown Manhattan are two very different things (and time schedules).
Also, it depends on how much time you had in notice from the previous tenant (annual lease expiring? eviction) and what condition the previous tenant left the property in. And, of course, the season. If your property is vacant right before Christmas, it's going to be much harder to find a qualified tenant who is not desperate to move somewhere than it would be mid-summer.
If a property is sitting vacant for 30 days, then I would start to look at the condition, management company, amenities, neighbors/neighborhood issues, price, season of the year, etc. for potential issues. I've had 1 partial month vacancy in the past year or so, and that was self-inflicted-- I denied all the applicants I had that month. None were property qualified and/or not irritating. I wouldn't want a property sitting 60 days vacant unless it was a multi-million high-end rental that rented for obscene amounts of money and naturally had few potential renters. Otherwise, it seems like 30 days or less vacant after a make-ready should be feasable to find renters.