Newbie Deal Feedback - Arkansas Duplex

[Yasmin Shakhshir]

Hello BP!

Found a duplex in Centerton, Ar that is going to provide $488 cash flow/$244 per door with 20% down. The property is currently vacant. I have two questions:

- Is it beneficial to invest in a vacant property? I understand that it gives you the opportunity to raise the rents to market rate and/or fix up the property. 

- Vacancy has its own amount of risk associated, what factors can you look at to mitigate? What happens if you can't rent out the property? Population growth is close to 7% and income is raising 8.5%. Anything else that I am missing?

Thanks, 

Yasmin