It’s a mixed commercial building and one of the vacancies would be the commercial unit.

I am interested to see if anyone knows the vacancy rate in the summer months.

I use 8% vacancy, 5% repairs and 10% capex which you don't include.

$100 seems steep but when you lose $60/day for vacancy, it could be worth it.

I'd connect with the chapter of NARPM for the area and get some legit vacancy and rent stats.

(not sure if you need that but hey it is Minnesota and if you think the tenant will get on your roof and do it you might be disappointed) vacancy probably 8% or more.

Here are the specs:6 unit brick multifamily Apt building-priced at 569,000- negotiated down from asking 600,0006-2bd/1bth apts currently does 4700 per mth-rent currently about 20% under market at the start of due diligence was 100% occupied-That is what I based my offer on building performing at 100%tenant just gave his 30 day notice -so before closing the building will have 1 vacancy performing at 84%The inspection also turned up 15k of safety violations I believe both are points of renegotiation-I'm just not sure how much is my question-I was going to ask for 15k of a closing concession to cover the safety issues-but how much is considered acceptable/reasonable to decrease the price for the vacancy?

Gross rents are $10,300 with 3 vacancies currently

On the other hand, this is pure politics and pushing the problem/crime statistics around to make it more diffuse.What I am most curious about, is what 'law' or whatever, that states a landlord HAS to make a vacancy known to the general public?

I clearly like to hear myself type), Remember that rent - mortgage does not equal cash flow.Rent - ~25%(vacancy, maint, and capex) - PITI (principal, interest, taxes, and insurance) = cash flow.