.$1.5K in utility bills during vacancy or owner responsibilitiesMy vacancy rate in the Austin area has been less than a week on average, usually a day.  

Vacancy, capital expenses, and repairs would be the big 3.

Vacancies are bad but having an eviction and an expensive turn is much worse! 

The steady demand for apartments in San Francisco, coupled with a declining vacancy rate—from 10.8% at the end of 2020 to 6.2% today—has driven this positive shift.Challenges in the Sun BeltWhile the Midwest, Northeast, and parts of California show strong rent growth, markets in the Sun Belt face challenges.

I am VERY certain I have made some (or many) mistakes or left money on the table or overpaid etc... but all of these deals are cash flow positive after all costs + vacancy and maintenance. 

This is their Real Estate Partnership Program details:Buy and Hold strategy$18,000 - One time Partnership Fee$50,000 - $75,000 total capital investment per home (includes closing costs, SWAN account, any light rehab, and any unexpected issues (tenant vacancy, for example).

But if I include equity gain that bumps up to around 16% on both(have not deducted for vacancy/repairs).

The vacancy percentage is higher than desired and it is very competitive to get renters into both units.

Plus a single family vacancy can kill ya. 

Does anyone know the figures for these expenses offhand possibly - Vacancy Rate, Capex, Property Managers?