I have different proformas for differen ttypes of assets but its hard to configure for flex space. willing to buy , thanks Yes, I have a great pro forma I will share will share for free.

Vacancy rate is the percentage time that you are not receiving income from the property because you don't have it rented. 8.3% is equivalent to 1/12, or one month per year that the property is not rented and therefore you are losing income.You can configure each year as you wish...I assumed one month the first year (8.3%) and then slightly less in subsequent years (7%) because you've gotten the property into rental condition already.Does that answer your question?

I am able to configure my Podio organization/ workspaces to fit my needs perfectly. 

Your target tenant pool defines all the property characteristics including the property type, configuration, location, rent range, and renovation.RenovationRenovation is transforming a property that your target tenant pool is willing and able to rent into one that will rent quickly and for full market value.

This can be expensive and difficult to achieve when re-configuring a single family floorplan - especially in the cases of a two story dwellings.

The initial $14k covered a series of classes, entity configuration and other services.

If the financial numbers don't work, then re-configure your RE approach (get someone else to mow the grass, fix the plumbing, re-paint, etc). 

To change this would be saying to staff and the public (through city council) that they are wrong about what the city needs going forward.Variances typically occur when there is a problematic property in the current zone--usually when the building's original purpose or lot configuration is also non-conforming.  

, doesn't mean that you'll be able to design a 7-home configuration that fits on that land.Sounds like a fun project...good luck!

Also, the repairs & maintenance, insurance and CAPX exceeds typical % rules of thumb because 10% of a small number isn't enough to pay for a roof, HVAC, etc. and those costs are not cheaper in a cheaper house.I assume you are planning to self manage, but I would call several PM's and ask them their opinion on market rents at that address and for your configuration.