Your vacancy rate will be a little tougher to predict until you have a couple seasons/years under your belt.Generally, people determine a nightly rate for their property, then commonly offer a discounted weekly rate, and sometimes a further discounted monthly rate.

Also, the properties that are 250k and under are being bought so quickly with Cash offers, so for our clients that are going through loans, its tougher. 

Real estate is tougher, it takes a lot more money.  

I was thinking that for nicer, more desirable neighborhoods, it might make sense to use 5% for vacancy and 5% for credit losses (10% total loss for vacancy and credit losses) and for tougher neighborhoods, to use 8% for each (15-16% total loss for vacancy and credit losses). 

Water is tougher as there's usually a lawn or shared area so you'd need 5 meters for a 4 unit property.

. -- that's a bit tougher.

It's a crazy world out there now and things are going to get tougher, but if you are willing to let go of your beliefs and open your eyes and mind, you can find answers and solutions to these challenges we will all continue to face.

Entrepreneurship is tougher at the start, yet produces the ability to create income even when the economy at large falters.My $0.02 ...

And most HML is much much tougher on this BRRR model than when we were doing it pre 08.. knocked me right out of retirement and back to work... 

If you're doing it remotely you're going to have an even tougher time vs. someone with boots on the ground.