Check vacancy rates, average rents, and tenant demographics to understand the rental landscape.3.

I am fairly new to MTR and was curious what vacancy and lead times tend to look like around this time of year?

This means that mortgage payments eat up 60% of rent even before considering vacancy.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

-is it a good time for a person with no savings and no experience to take out a HELOC or personal loan and buy a random property in a state they've never been to using 100% leverage because made up spreadsheet math assumes no vacancy or capex or repairs ever and rent growth of 9.2% a year until 2074? 

Tracking several for a few months will give you some understanding about vacancy rates.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

Did you not have a vacancy during the turnover?

Here’s how we can help:Streamlined Owner Portal: We provide an online portal that gives owners detailed access to all aspects of their property’s management.Tenant Convenience: An online tenant portal makes automatic payments, maintenance requests, and communication easy.Trusted Network: Our network of contractors, built over a decade of investment and renovation work, ensures quality service for repairs and maintenance.Personalized Attention: As a local business, we can perform regular property check-ins, especially during vacancies, to ensure everything is in order.Competitive Rates: We offer competitive management rates and transparent fees for both owners and tenants.Feel free to reach out with any questions, or if you’d like to chat further.

Vacancy has killed the cash flow.