Vacancy/turnover is VERY expensive for a landlord.

Red flags to watch for in a house hack deal include high vacancy rates in the area, poor property conditions, or unexpected zoning restrictions.

Then it would help if you still had more to set aside for future vacancies and capital expenditures.

Just keep 3–6 months of reserves in case of vacancies or unexpected costs. 3.

Rental rates and vacancy rates on single family have been a lot more stable.

Those areas have higher rents, lower vacancy and higher appreciation.If you manage class A or B assets it’s not awful as most tenants are not professional tenants trying to live rent free for years.

How much vacancy can you handle?

Not to mention paying the mortgage for the months there may be vacancies.

Particularly the DSTs focusing on multi family, as the rise in vacancies and lower rents must have effected them too, especially in markets like Austin, Phoenix, Vegas, etc.

In fact if you start discounting vacancy, cap ex, insurance, taxes, etc.