If that's the case your investment has a better chance of having a lower vacancy rate.If your school system was very strong I would be doing the opposite and looking at single family and units with 3 and 4 bedrooms to I could attract the family that wants the schools.

If the vacancy rate is high, rents too low, or costs for services such as landscaping and garbage too high you can do something about that.

Positive cash flow allowing for maintenance and an 8% vacancy rate will be $100 to $150 per month.

Therefore, there is a significant benefit to having leases start in late spring to match the moving times of new doctors doing their residency and fellowships.If there are no circumstances that create a perfect lease time, maybe consider staggering your rentals, so you have less chance of multiple simultaneous vacancies.

If you have a tiny salary how would you pay the mortgage if you had a vacancy in one or both units simultaneously?

Rents are high and vacancies are around 2% where I live.

Make certain to include ALL operating expenses in your pro forma including taxes, insurance, utilities, maintenance, reserves, management (if not self managing), municipality rental registration fees (if applicable) and as accurate of a vacancy factor as possible.

I would make vacancy 10% and up the PM to 15%.

If something goes wrong, say you lose your job at the same time you have a vacancy, equity will not feed you isn't it?

Learn about operating costs, vacancy factors, and capital expenditures.