Also, take a look at your tenant demographic and evaluate what industry they're in -- what is the likelihood of an increased vacancy or leasing period if your target residents are employed in sectors most likely to see hourly cuts?  

You also have less risk with a quad since a vacancy only means 25% less rent, not 50%.

Vacancy of 1% is each tenant staying for 8 years 4 months.

And if you evict them, you understand that the vacancy time will probably be LONG, due to the job losses from this.And most of those seeking new apartments would be the just evicted.So you would be replacing X with X, no difference.President Trump has been in this business for a LONG time--he's a Real Estate guy, and has owned multi-family--Long Term.Hopefully you can work something out with your lenders.

We saw two prospective tenants lose their jobs right before signing the lease this past week which is going to add vacancy across the board. 

Landlords have vacancy funds.

I am very curious to know, if you guys could walk me thru the process it be very appropriate. 1) Rental Property Cash Flow Analysis- Due Diligence: a) The first step to buying a multifamily home is deciding on the right neighborhood to invest in.b) Property condition: Take into account how much time, money and work the property will need in order to be rent-ready. c) Rent roll: Look at the current rents and compare them to the average rents in the area to see what the property should rent for and can help influence your buying decision.d) Revenue & expenses: Look at what rental revenues are coming in and what the current expenses are and see if it makes sense, remember to add in your approximate carrying costs to see if you will be cash-flow positive.e) Vacancy rate: Look for a vacancy rate below 10% and see how long each unit is vacant per year so you can figure that into your carrying costs. f) Loan calculation: Add your loan calculation into your Analysis.2) Work with a RE agent.3) Choose the Right Lender. 

When you feel truly fearful to invest you’ll know it is time to start looking. 2008 I was too scared and so bought super cheap/distressed and added value with sweat...to make sure I could weather vacancies, etc., in hindsight I wish I’d paid up and bought newer places.

Vacancy of 5% is 1 month out of 20 before a turnover.

I have been underwriting for 5% vacancy for years while seeing closer to 2-3% vacancy in real life.