With the stated vacancy rate of 5% for the area, this could lower the vacancy rate to 3% at the very most.

I accounted for 9% management in here and 10% vacancy, but I do plan on managing the property myself too at least to start.

Hi contributors,  I have a medium term rental on aribnb (ad says >30days),  CHBO, VRBO and have good luck with low vacancy so far. 

A 2% vacancy is 1 month out of 4 years and two months, highly unlikely.

Would be more work but could be worth it for a few years to get into the market.A very high level example:  600,000 purchase price (or 550 + 50 reno)20% down (120K)Mortgage for 480K, 30 yr @ 2.99 = $2016/moLet’s say total monthly expenses are $28002800 x 12 = 33,600 annual operating expense150/night x 365 = 54,750 (150 avg, higher in summer, lower in off season)15% vacancy (8,212.50) = 46,537.50 - 33,600= 12,937.50 annual profit or 1000+/month Who is having success with this?

Hello Everyone,My question is what do we do with the money we calculated for the Cap Ex, Vacancy %, maintenance repairs, and miscellanous when we get them in our monthly payments from the management team? 

Hagerstown is too far out and I fear vacancy issues. 

We’re writing to let you know about an upcoming change to your account.Over the last year, we’ve invested in continuing to provide the largest rental network* for landlords and property managers to fill their vacancies and in building a full suite of features — including tenant screening and payments — to help you manage your rental properties.To continue delivering an excellent experience, beginning on March 31, listing properties in Vermont with Zillow Rental Manager will cost $9.99 per week per listing.

It seems that the upfront costs are low, vacancy rates for the market I am looking at are low and most of the deals I have found require low maintenance costs and are cash flow positive.

I don't know exactly where this is, but seems like a pretty small town - are you sure you can hit your projections for rent / vacancy?