What is your average turnaround time if it were vacant?

As for expenses, check with local property managers to see what they spend on average on small properties (less than 10 units)

In this market it's above average I'd say.

I am optimistic that "average Joe" doesn't lose his shirt or feel unnecessarily stressed again.

The property I am looking at is one bed one bath patio home located in class B neighborhood in northern Alabama. according to rentometer, the rent average about $850 monthly. the property tax is about $1100 annually, and HOA fee is $80/monthly that covers lawn and pest control, garbage, and pool access.

I would calculate over a 10 year period that the rental income would average out to an annual 1.0-1.5% rental income escalator.

multifamily properties in FL average in the 200k, my income does not qualify me for a purchase this expensive.I look forward to your comments.May your investments be always prosperous.

Over the past 2 years, I've had 7 break-ins, each incident costing me an average of $10,000-15,000 in repairs (mainly stolen water heaters/hvac, copper pipes, fixtures, etc.). 

Vacancy of 5% is your tenants staying an average of 20 months I use 8%.

Im leaning towards pulling out equity and hoping i find a good deal but all deals im seeing are only making a 5-6 % CoC which from what people say isn't far off from what average  is ( 8-10 % ) .