That's from a competitor, not an associate.My thought in reading the OP is that the level of thinking isn't thorough enough to pass judgment on valuation.

I wish there were a way to swipe a card and assign a job# to it so our admin could go online, see the cost, and not have to wait for paper receipts.

The primary drug industry in the city is crack cocaine, and apparently those "businesses" work to keep meth out of the city as it's a competitor for them.

All of the numbers point to yes, I should do this (even if I develop the land and sell it to a competitor I'd triple my initial investment) I just need some reassurance! 

The only thing worse than one vacant property is two vacant properties.As others have mentioned, the vacancy could be caused by many things--rent price is too high, wrong neighborhood, the grade of the property is lower than competitors, winter (esp. the holidays) is dead season for new renters, insufficient or poor advertising, the type of property doesn't match the needs of the local tenant pool, etc., etc., etc....I don't know which issues are causing your vacancy specifically, but I do know you'll want to figure that out before going for property #2.Plus, figuring out why your current property isn't renting will help you better understand what type of property to buy next (and what types to avoid).Good luck out there!

They auto load to some sites, but not any other large competitors that they wouldn't want to share with.

We have a third party software that manages are daily rate based on events and competitors in the area. 

Like all things when there is a profit competitors come in.

My gut tells me this is a deal I can definitely sail into, and somehow, the challenge makes the deal more appealing, since I know competitors will have to negotiate the same obstacles.

Try managing that when Austin floods, it rains for a month, or the subs get a better deal from your competitor down the street.