Managing Property during extended periods of vacancy: FREEI think the rate is better than a few PMs I talked years before. 

Here’s why:Cash Flow: A 4-plex offers four rental incomes versus two in a duplex, which can significantly boost your cash flow and help cover vacancies or unexpected expenses.Financing: For a 4-plex, you can still take advantage of residential financing (which tends to have lower rates) compared to commercial loans.

This effectively books the longer stays first and then fills in the vacancy gaps with shorter stays. 

@Steven MendiolaHouse hacking in Denver involves calculating cash flow, obtaining financing, finding rent-potential properties, and planning for vacancies and expenses.

Don’t forget, if any additional money is required to make a payment because of a vacancy or a squatter, or a tenant refuses to pay or leave.

., vacancies, market shifts)?

All very unlikely.Also, I'd be highly concerned about that 18% vacancy rate you'd be buying into!

So a typical (around here) 1 year lease's fees would generate {.5X + 11(.1x) = 1.6X}  Divide that by 12 and you get an average of 13.33% of X per month as the LTR property management fee.An typical STR fee would be 25%, but there should be more vacancy.

Have some small MFRs there and last vacancy I had we had ten people sitting in the parking lot to see it at 0800.

Vacancies are expensive and destroy your cash flow.