This can be costly and often costs 1 month rent to place a tenant and then a percentage of income (~10%) per month.Take into account vacancy.

My husband and I bought a short sale last year which I am now using for my home-based business.2) Raise funds for a down payment and slush fund to cover vacancies, repairs, etc.I love that BP is such a vibrant community and has such a wealth of knowledge.

When I have a vacancy I like to push the envelope a little and see what people are willing to pay.

At that point you have vacancy issues and turnover costs.

I would suggest staying away from parks with high vacancy these days.

I did not include repairs expenses or vacancy expenses or capital expenses but they will utilize there own formula for that and I state that.

I've seen this pattern repeated vacancy after vacancy.

Residential vacancy ~2% in my area in Richmond.But my question is less about potential for appreciation, and more about how the headline index numbers impact consumer sentiment, consumer spending, and perhaps skewing people's perception about the movement in real estate prices..

I received 2 calls on my current vacancy in the last 3 weeks that were of the, "moving into town and will move in sight unseen" type.

I know of the obvious expenses like tax, insurance, property management, utilities, repairs, vacancy, and mortgage.