Your sitting in the station in New York and you want to go to Los Angeles.

The hot water tank exploded and water was sitting in the utility room/kitchen for quite awhile.

That sounds great until your property is sitting vacant for 6 months.Example: I have a property that I had to kick out the tenant on the 1st of November, 2013.

You may want to double check those expenses as I have them sitting around 70% of annual rent based on your numbers.

I'm hearing in my market that some rental properties can sit empty for months because the properties are just not competitive enough to perform well and the managers have to discount rents and offer 1 month free rent etc.

In this case I would want to sit with the commander and understand the timeline to know it was out of the wife's hands other than her getting a power of attorney to put the service member on the lease.

How valuable is the land it sits on?

It is even funnier when you sit back and realize your "trusted advisors" do not even know you exist...... sometimes.

I still trend the rental data so I know how long rentals sit on the market in given zip codes so I can use an educated guess on the vacancy rate.

Probably not even worth having a sit down discussion with them.Then, what happens, happens.Good luck to you!