The stuff that sits tends to be over priced junk in junk areas, or that have some issues with the listing, curb offers or what have you. 

However it has a trash bill due from 2006 to current that is $4,700 ...mind you , this property has been sitting vacant for many years not receiving any trash services but getting charged for a lot of empty land.

And it was uber basic and tied to yester-years market of buy low and just sit. 

I would guess if you went there you would see its sitting. 

I can see as more and more lots were being investigated developers will move to smaller projects that sits even closer to customers.

Building sits on a corner and all basement windows are above ground.

It's sitting on 1.5 acres and right off a state road in between a few big towns.

Also, not just sitting and waiting for bookings to come through Airbnb or VRBO and going get them yourself can drastically help you outperform similar properties near by.

If the properties sit on the market for 120+ days, you are correct.

It's called something else that I can't recall at the moment, but they'll know and be able to guide you in the right direction.Since there is a large amount of equity in the rental home, just be sure that your new HOI policy has good coverage and possibly think about an Umbrella Policy or additional insurance coverage to "protect you" vs. trying to reinvent the wheel and forming an LLC just for the one property.SD