What are the vacancy rates like in West End, East Atlanta Village, and East Lake?

If you do it right e.g. always carry a reserve for repairs/vacancies, hire a GOOD property manager, keep the tenant happy by doing reasonable repairs, etc, then investing OOS is a great option to build wealth.Good luck and be sure to utilize the BP community if you need help down the road. 

Hi Arya,To appropriately model this, in my opinion I would add a minimum of 10% vacancy due to the commercial nature of the building.

I haven't post a vacancy on Facebook market place for about a year or so...it use to generate 100s of inquiries/responses daily, but I posted a vacancy a week ago and it hasn't generated a single inquiry.

PITI + property management + vacancy + capex + repairs. 

Who cares if the mortgage is $2k a month or $7k per month if vacancy is low and tenants always cover that in full?     

The most common benefits a landlord can get from an arbitrage agreement are: reduced vacancy expense, decreased maintenance costs (most arbitragers agree to fix any damage done by guests), increased rent (most pay a premium), reduced number of hours managing the property (aka it's more passive)Some less common benefits, but still worth mentioning: Using the property to host their own guests at a lower rate during the "vacation season", Revenue sharing, arbitrage managing landscaping, and other management tasks. 

This is often an indication that they are selling above market valueDon't allow for your own independent property inspectionAre not realistic with their pro forma projections.Are their vacancy and maintenance projections unrealistically low?

If it reduces your vacancy rate from 5% to 3% over the 20 years years what is the payback?

However, availability remains tight, with a record-low vacancy rate of 4.5%.Retail move-ins reached 86.3 million square feet, while move-outs balanced the market at 86 million square feet.