Rents might be higher 3 years from now but your taxes could go up 10% too or your vacancy rates could go up or any number of other things that are impossible to foresee.

If that is the case, it appears they are considering that use abandoned since the property was vacant, but 1 year vacancies are not uncommon for commercial properties.

No more managing tenants, vacancies, maintenance and the managing the manager (who is a $12-20 dollar employee who's compensation structure us not aligned with your goals) By passing the control of the day to day operations to true experts who are literally partners (direct alignment of compensation and motivations), you can assure the investment is being optimized while you spend your time on what you want which is 1) making more money at your day job, 2) spending time with your family or 3) finding that one off deal that you want to do one your own while pairing with a Limited Partner strategy. 2.

And the owner has saved tons of money by not having to do repairs in the past and vacancies. 

Personally I plan to just keep saving reserves, keeping my CapEx, vacancy, and repairs, paying down a little extra on my mortgage each month and taking a little bit toward my next investment.

The vacancy rate is extremely low and rents in the area have climbed drastically in the last year.

Now even if you were to get $2,800 in rent per month and we calculated 10% percent for Capex and 5% for vacancies that would leave you well under your monthly expense.

Depending on which property it is of mine and what the cash flow is left after reserves, CapEx, and vacancy, I try to put between $50-$250 more each month on my mortgage payments, but that’s me.

He did that, moved, and the replacement tenant moved in 3 days later with no vacancy.

They did thorough research on the property interests, including contacting the township to inquire about any vacancy fees, unpaid water bills and such.