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

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. 

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! 

This also means that more than likely, you have a competitive advantage over your competitors too.

Based on general surveys, roughly 1/3 of your tenants come in from drive-by visibility, another 1/3 come from advertising (YP and Internet), and the last 1/3 come in from referrals from existing clients and nearby competitors which are full.Debt is readily available for these assets, and SBA financing is also available (as of 10/2010).

If you went to the ATM or went to swipe your card, and the banks weren't working, how much cash could you muster?  

One of my clients sent me a PM agreement from a competitor..

Third - I can't speak for your design skills - but I could imagine it not coming out as clean as more cookie-cutter site unless you hire someone or spend quite a bit of time/energy on it.Fourth - I've tested my Page Speed against my competitors (big SEO thing).