Started showing last of September, tenant left in mid October and finally got it rented the last week of December.

The final number Im looking for advice on is vacancy rate.

Hey and thanks for finally joining the site!

If you use the search function at the top of the page for 50% rule or 50% expenses, you will understand what I'm talking about.I won't buy a property unless I get $100 per unit per month positive cash flow using real world expense numbers (the 50% rule).To get the capital gains exemption, you must live in a property 2 of the past 5 years.One final thought.

And finally, it owuld be great to get advice on taking the deal through to closing, what to look for, etc.

The 2% rule is meant to be acquisition cost (purchase price + rehab).

Mind you it took 4 months for my loan officer to finally close and sign docs (Jan of '07 - April '07).

I've been in the market for quite some time, but finally got around to registering for this forum.

"Just Do It"I spent a few years reading over real estate investment material & books before I finally took action and pushed myself outside of my comfort zone.

I believe we can work together and ensure every arrangements that we shall both execute in line with my taking up the tenancy should be done accordingly to ensure we have a proper understanding.In view of my work schedule, I would want us to finalize basic arrangements.